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, May of the Federal Reserve System not earlier. May 2, 191*6 CONDITION OF' THE FEDERAL RESERVE BANKS During the week ended May 1 member bank reserve balances increased $290,000,000, Additions to member bank reserves arose from increases of $183,000,000 in Reserve Bank credit and $1*,000,000 in gold stock and a decrease of $11*8,000,000 in nonmember deposits &nd other_ Federal .Reservo accounts, offset in part by increases of $21*,000,000 in ireasury; deposits with Federal Reserve Banks, $11,000,000 in money in circulation and ,000,000 in Treasury cash* .Excess re­ serves of member banks on May'1 were.estimated to be approximately $1,080,000,000. Holdings of loans, discounts'and advances decreased $99*000,000, while hold­ ings of United States Government securities increased $275,000,000. The increase in holdings of United States Government securities reflects increases of. $288,000,000 in b ills and $11*7,000,000 in notes and a decrease of $159,000,000 in certificates. Changes in member bank reserve balances and related items during the week and the year ended May 1, 191*6, were as follows» Increase or decrease since- May 1, April '21*, May 2, 19)46 191*6 191*5 ( Li millions of dollars) U. S, Government securities 22,579 + 275 +2,100 Loans, discounts and advances 226' - ; 99 - 31*7 Other Reserve Bank credit 278 + 5 ' - 76 Total Reserve Bank credit 23,081* + 183 +1,678 Gold stock 20,251 + ■ h - 123 Treasury currency U,535 - 1 + 1*05 Member bank reserve balances 15,71*7 + 290 + 855 Money in circulation 27,888 + 11 +1,681* Treasury cash 2,267 + 7 - 115 Treasury deposits with F. R. Banks 1*09 + 21* - 11* Nonmember-deposits and other F. R. accounts 1,558 - 11*8 - 1*51 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Forn F 0 R. 283c STATEMENT OF CONDITIO!'! OF THE FEDERAL RESERVE BASKS OH M i l, 1946 (In thousands >f dollars) L I A B I L I T I E S Total Boston New York Phila, Cleve » Rich. Atlanta Chicag© St.Louis Minn* Kans. Cy. Dallas SanFran* Federal Reserve notes 23,931,916 11+50,621+ 5,3144,1142 1602,229 ;2024,762 1657,740 1429,062 4358,334 1042,822 549,852 -885,631 589.007 2997,711 Deposits: 15,71+7,21+9 696,089 5,034,209 775,022 :Lll8,l6l 693,394 714,496 2236,284 597,385 592,955 765,949 748,675 1975,652 1+09,255 24,123 .145,288 27,698 4,995 24,613 35,197 71,677 8,378 23,752- 11,0;.5 27,645 4,858 Foreign 728,510 144,391 1/269,410 57,079 63,955 32,322 26,132 92,151 23,582 17,192 22,694 22 ,006 57,796 Other 281,085 2,609 184,272 4,-326 4,985 6,397 4,033 6,226 11,332 4,496 2,714 4,1^0 45,545 Total deposits 17,166,099 767,212 5,633,179 864,125 :LI92,096 '757,226 779,853 2406,338 641,027 438,575 802 ,*90 802,422 2031,351 ■ 1,739,377 151,543 • 353,567 99,368 166,366 134,415 139,730 241,706 78,613 57,499 96,644 75,566 166,560 accrued dividends 12,691+ 752 3.573 721 1,138 593 518 2,069 455 834 475 405 1,160 TOTAL LIABILTIES 1+2,850,036 2370,131 11,334,466 2566,1*43 ;5384,362 2549,974 ;2349,168 7003,1*47 1762,917 1026,560 1735,158 1465,193 5247,282 Capital paid in 181,719 10,815 64,331 13.471 18,153 7,594 6,756 21,568 5,788 5,955 5,969 6,570 16,751 Surplus (Section 7} 358,355 22,439 ~ 116,860 28,946 33.745 15.593 14,450 53.029 12,959 3,869 11,8-91 10,670 23,924 Surplus (Section 13b) 27,1*28 3,012 7,205 4,501 1,007 3.326 762 1,42 9 527 1,075 1,157 1,307 2,142 Other capital accounts 54,455 3,966 9,554 4,158 4,376 3,968 3,543 7.024 5,035 2,447 5,178 3,005 5,655 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1+3,1+72,01+3 2410,363 11,532,416 2617,519 ;51*42,143 2580,455 :2374,679 7091,497 1735,256 1042,902 1307,513 1486,748 5300,752 Commitments to make industrial loans 1,631 741 4oi 299 «... 5 — — — 170 67 F. R. notes outstanding 2^,619,621 11482,137 5,491,960 I6b4,400 2039,564 1719.2314 :L463,756 14439 , 372 1077.274 559,881 911,846 615.845 3121,554 Collateral for F*- R. notes hold by F# R> Agents: Gold certificates 11,239,000 !*io,ooo 3,1*20,000 500,000 635,000 570,000 6i+o,ooo 251+5,0jo 300,000 170,000 280,0o0 169,000 1650,000 Eligible paper 94,613 18,309 33,551 - 1+,151+ — 10,199 ....................... 13,350 6,100 7,1+50 1,500 13, S* Govt, securities 14,005,339 1100,000 2,100,000 1200,000 1550,000 1175,000 850,000 1900,000 930,839 1+00,000 700,000 500,000 1600,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES ?vrithin l6 to 31 to 61 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 22l+,5l8 125,8 la 36,158 3,697 53,822 Industrial loans 1,1+97 1,271 * 5 8 9 58 80 19 47 Acceptances purchased 13,ll+l 2,536 4, 205 !+,6l9 1,781 U. S. Govt, securities 22,579,1+08 3,127,527 2,115,927 5,112,379 5,285,289 3,327,990 2,537,706 21,1+00 1+60,500 590,190 l/A fter deducting $1+58,692,000 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 taorning, Mgy 3. 191*6; J^t earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since May 1, April 2l+, May 2, I9I+6 I9U6 191*5 A S S E T S Gold certificates 17.316,055 - 187,305 Redemption fund for F. R. notes . 750,1+09 - 1,737 + 76,1+^9 Total gold certificate reserves 18,096,1+61+ - 1.-737 - 110,866 Other cash 328,1+00 - 10,1+08 + 78,31*1* Discounts and advances 2*21+, 518 99,028 - 31+1*,1*63 Industrial loans 1.U97 + 5I+ 2,923 A cceptances purchased 13, im + i+,1+12 + . 13,11*1 U.S. Govt, securities: Bills I3.835.lt70 +287,677 + 81+6,91+0 Certificates ■6,167.296 -158,900 + 781,585 Notes 1.673.700 +11*6,900 + 685,850 Bonds ‘ 902,91+2 - 213,550 Total U. S. Government' securities 22,579,1*08 +275,677 +2,100,825 Total loans and securities 22,818,561+ +181,115 +1,766,580 Due from foreign banks 110 ... 6 F. R. notes of other banks 137.81+7 + 77,5 + 1*6,1*11 Uncollected items 2,00l+.296 - 69,675 + I3I*. 888 Bank, premises 33.079 1*1* 1,11*2 Other assets 53.283 • + 261+. 1,930 TOTAL ASSETS 1+3,1*72,01+3 +100,290 +1,912,279 L I A B I L I T I E S Federal Reserve nòtes 23,931,916 + 3,957 +1,300-, 850 Deposits: Member bank reserve account 15.7U7.21+9 +290,281+ + 855,619 U.S.Treasurer - general account 1*09,255 + 21*, 625 - 13,910 Foreign 728.510 ■■ - 1,399 - 1*30,1*81+ Other 281,085 -11+8,017 - 130,831 Total deposits 17,166,099 +165,1*93 + 280,391* Deferred availability items 1.739,377 - 70,663 + •22l+,230 Other liabilities including accrued dividends 12,691+ 277 + 1,927 TOTAL LIABILITIES 1+2,850,086 + 98,510 +1,807,‘1*01 C A P I T A . L A C C O U N T S Capital paid in 181,719 + 69 + 11*, OI3 Surplus (Section 7) 358,355 — + 130,202 Surplus (Section 13b) 27.1+28 -- + 263 Other capital accounts 51*.1*55 + 1.711 - 39,600 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1*3.1*72,01+3 +100,290 +1,912,279 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined ■ hk.cfi - .2% - 2,1% Commitments to make industrial loans 1,681 + 131 1,556 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 MY 1, I9I46 ( In ^thousands of dollars) A S S E T S Total Boston New York Ehila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.C^. Dallas SanFran. Gold certificates 17,31*6,055 728,852 5i008,Jl4 • 792,554 1059* 159 81*4,220 942,81*9 3 569,370 581,678 3l*Otl*03 571,505 1*92,051 ?4l4, 700 Redemption fund for ' F. R. notes 750,1*09 58,21*0 119,938 60,315 76,891 60,322 1*3,808 97,129 1*2,633 20,01*3 3h-0*9 25,867 1:0 309 Total gold certificate reserves 18,096,1+61* 787,092 5, 128,652 852,869 1156,050 904,542 986,657 3666,1*99 624,311 360,1*21 606 1*44 517,9182525.009 Other cash 328,1*00 30,157 81,311 20,875 30,276 22,910 22,931* 34,395 12,681* 3,981* 19-537 10,924 38.1*15 Discounts and" advances 221*,518 20,869 1*6,871 7,!*7l* 23,570 12,079 28,520 1*8,1*15 14,710 7,100 8,770 1,280 1*,860 industrial loans 1,1*97 92 — 1,369 — 36 Acceptances purchased 13,11*1 — 13,11*1 o. S. Govt, securities: Bills 13,835,1*70 832,361 3,595,109 939,H7 120^,361 892,682 731,381 1892,511* 59?,3?9 367.296 631,599 1*97,375 1658,546 Certificates 6, 167,296 1*08,1*18 1*5^,117 1*65,91*7 59l*,056 386,863 308,688 795,063 309.b<9 376,001 ?o-- v~3 261 066 615,535 Notes 1,673,700 110,837 ,1*21,218 126,1*50 161,216 10l*,990 83,771* 215.767 84.^77 47.762 7r* 7iv 70,31*9 167,01*7 Bonds. .902.942___5SL»796____22,7A 3___6a>2-IB___6d>97li____q6.6kr li^IQS ii6 :iiJL 4 ^ -:i ^ _________________ 28*222___9OJ20 Total U.S* Govemig6nt v . securities 22,579,1*08 11*11*1*12 5,795,687.1599,732 201*6,607 11*1*1,176 1169,038 3019,71*8 1032,573 616,826 iot*b,-Gt*9 867,512 2531,0148 Total loans and securities : 22,818,5 11*32,373 5,855,699 1608,575 2070,177 11*53,291 1197,558 3068,163 101*7,283 623,926 1056,819 868,,792 Due from foreign banks no . -7■ 7 11// 3377 99 1100 . , .55 1* 1* 15 15 1*It 33 11** 33 9 F.R.notes of other banks 137,81*7 33i7i73388 1177,7,75566 55,8,83388 66,6,65588 3399,3,86677 1122,,009900 l144’,,775555 77.2.255: : 44,,11772? 66;;5566CQT' 33...■-1177.22 3 5.990 Uncollected items 2,004,296 I5125i^l*455l*4 412*92,93,3004l*--' --112222,7,72233 118899,1,11100 115533,7,7552? 11..5500,,997711** 229977,,887777 ’ 8'888 ■. -.Ii'2'-?;? hi Ai7»^-3r- 11,529 82,; 88725,875 177, Bank premises 33,079 ‘ 11**333344 88,6,60011 33,2,26666 33,9,95511 22,7,711**11 l,55il*,5 5' U 3,'0934-,' 091*:2,0120'4 010 l ■ ¿75 2 r'6S • 1'¿7S5i 7 2 r'6S- Si7 •*- i /- ' Other assets 53,283 33,2,20088 1111,0,05566 33.3.36644 55,,99H11 33,3,311*7*7 22,9,90088 66,7,70011 3/4- ,r,L-/6. A * ¿J '-/4O.-'^'4 ,'^2 5 21*29._■ 2_4__y____ 5-71*2 TOTAL ASSETS *43,472,01*3 21*10,363' 11*552,416 2617,519 31*1*2-, 11*3 2580,1*55 237!*, 679 7091,1*97 1785,256 101*2,902 1807,313 11*86,71*8 5300,752 l/ After deducting $73,000. participations of other Federal Reserve Banks.' Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis