H.4.1 Factors Affecting Reserve Balances of Depository Institutions

50ARD OF GOXra' ORS OF THE FSDERAL RSSSRV3 S7ST2:.-: (released for Publication Friday Morning, Ju;ie li;; not earlier) ;.l June 13, I9/46 CONDITION OF 1MB F3D3R/i i RDS£RV3 DAMKS During the week ended June 12, member bank: reserve balancers increased $110,000,000. additions to member panic reserves arose fron- increases of S1+U6,0 ;O,000 in Reserve Bank credit and $5,000,000 in Treasury currency and decreases of $31,OX, 000 in money in circulation, $5,000,000 in Treasury c:-sh raid :--;O,000, 000 in norirneniber deposits and other FeXral Reserve accounts, offset in part bv an increase of $J..«66,000,000 in Treasury deposits vath Feaer.il Reserve banks, Xoess reserves of ir.er.ber banks en June 12 v^ere estimated to be approximately 57"/0,000,000. .Holdings of loans, discounts, and advances remained practically unchanged, v/hile heldirir-s of United States Gcvcrnnient securities increased ?i*-00,000,000* The increase in holdings oi\ Uni sod States Goverarant securities reflects increases cf t 5165,000, X50 in bills and $25,000,000 in certificates. Changes In member bank reserve balances and. related items during the vreek and the year ended Juno.'.-12, I9U6, va,ro as follov/s; Increase or decrease sines June 12, Jure r:- Juno 13, 19a 6 I9h6 I9u5 (In millions cf dollurs) U. 3 # Government securities - ^3,270 + i;90 -+ ^.,m167 Leans, discounts and advances ii53 .._ Other Reserve Bank credit 575 '- u3* - 15 Total Ro-serve Bank credit 23,396 + IXO* +1.3U9 Gold stock • • £0,271 - 1 + 3 7 r •-::.-:., s u r y a u r r e n c y / l : < r - -< - V ' i " • + 3 + 391 *••• * •• y 1 la-erib-,-r bank res rve balances + 110 + 138 I-.ior.ey in circulation <e3, 12 0 - 31* + 1 .a"^ Treasury cash 2,2^0 - 5 12 Treasury deposits irith F. B. Banks -60 + U66 + c&0 llonn-mbar deposits and other F. R accounts 1,5^6 - *93 . - ii68 # *Jur,e 5 figures revised*- Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

il# U • 1 ( a j SIAT3I3KT OF CONDITION OF THE TWELVE FbJDER^L -luiSEEaE 5A?!KS COii3.:::3D (In thousands of dollars) Increase or decrease since June 12, Juno 5, Juno IJ, • 19U6 19U6 19^5 A S S E TS Gold certificates 17,339>060 - U,995 - 82,150 Ademption fund for F. R. notes 752,056 + h,7^>) + 65,576 Total ^old certificate reserves IS,091,096 - 226 - 10,27u other cash 271,505 + 6,7^43 + 22,735 Discounts and advances 251,530 " £60 - 600,59^ Industrial loans 1,2-7 + . I9 - 2,913 .acceptances purchased 12,917 • 1,72'U + 12,917 U. 8. Govt, securities?. bills H,32i;,n6l +I6a,937 +i,571,i;5h Certificates 6,293,'70 + 25,000 + 72^,109 hotos l,7h>,,200 -- + ol,250 Bonds 902,;)U2 •-- - 209,700 Total U. S. Government securities" : 2^,269,-73 +uE-9,937 +2,167,113 Total loans and securities 23,535,407 ++UUyy00,, 662200 ++11,, ,576,523 Du^- from foreign banks ' oh. 11 26 i*'. H. notos of other banks J.l J, 'JjC ++ 55,,335533 ++ 20,ii26 Uric o 11 a c to d i to ins 2,2[|2, 560 ++ 55UU,,116655--** ++ 137,073 Bank proud, sas 33.006 33 1,130 e t" no r assets 56,901 ++ 11,,335555 5,025 TOTAL ASSISTS hk, 5li5,'?/) ++555533,,221177** ++11,, ,762,2914 L I A B I L I T I ES Federal Reserve notes 2i;,07-,5UO - 25,597* +1,213,323 Deposits s heirbor bank - reserve account 15*909,236 +110,123 + 138,060 U. 8. Treasurer- general account t ^ 660,105 +Ii65.9li7 + 6;o,ii79 Foreign " * * 53i±,:79 - 03,626 - 695,693 Other u3a,l50 - 10.16U + lli,676 f Total deposits 17,730,670 +U82,580 + 2147,721; Deferred availability items m 1,052, 07<: + 96,B77. + 21)4,2.25 Other liabilities including accrued dividends ~ lJU,U?6 + 757 + 2,059 TOTAL LIABILITIES 1*3,715,761; +556,617* + 1,, 677,536 Capital paid in, 182,175 + 71 + 13,667 Surplus (Section 7) 35-9,355 — + 130,202 Surplus (Section 13b) 27,[i28 -- + 263 Other ca :ital accounts A-T 077 + .1,529 . - ' 39,371; TOT^L LIABILITIES AKD CAPITAL ^CGOUSTS Uj, 3^5,599 +558,217* + 1.* 7ft2,29i; •ftatio of gold certificate r^s.rves to deposit and F. h. note liabilities comoined !»3• 3/^ - M „ 1.6$ Coiandtinerits to make industrial loans 5,390 - • 23 + '950 • June r> figures revised. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

11.4.1(b) STATEMENT OF CONDITION OF TdE FEDERAL RESERVE BANKS ON JUKE 12, I9I16 (In thousands of dollars) Total Boston New York Phi la. Clove. Rich. "Atlanta Chicago St. Louis .Linn. Kans Dallas SanFran. Geld certificates 17,339,060 7i,l,0o3 5,025,946 801,365 1090,851 537,855 933,011; 3595,701; 547,601; 33!;,055 564,022 _• 4-t?5,297 2385,761; Redemption fund for F, K. r-otos 752.056 57,577 115,799 59,37^ 76,565 60,1,15 1;5,552 101,695 42,927 19,975 51,875 25,765 109,997 Total ••'•.aid certificate 1-: st;rv; 1R,091,096 70: n)iO 5,l4?,745 861,71+5 1167.hlh 898,2701001,5663695,39? 590,151 351:,05" 593,895 u31,082 2^95,78I i / /< -•*-«• - Other cash 271.505 20,739 71;,712 17,ll;9 2i,2lU 17,131 22,330 29,531; 11,137 3,709 15,2^0 9,207 29,503 D:i so cunts and advances 251,330 15,396 61;, 606 15,481; 1 1,5'.'0 18,165 5,060 42,195 20,680 8,200 i+,?10 3,9P4 15,080 + 1:1 du :tr11.1 loans 1,237 67 1,172 28 acceptances purchased 12,917 12,917 U. S. Govt, securities: kill* lli,32li,o6l 358,771; 3,749,621 944,570 121*6,731 Certificates -6,293,870 .1+17,553 1,5°2,290 i'otes 1,71+5,200 115.97; 43y,501 Bends 902,9li2 59,905 .227,001 Total U. S. Government securities 23,269,375 1452,209 5,998,U5 1620,554 2109,044 11*73,273 1186,100 3152,746 1074,858 625,216 1072,708 898,327 2605,465 Total loans <and securities ^3,555,407 1465,692 6,073,936 1637,190 2150,61!; 1491,466 1191,160 5194,941.1095,518 636,416 1077,618 902,311 2616.5U5 Due fr-n: foreign banks 8^ 5 \/ 28 7 3 1; TOTAL ASSETS 1;&,545,599 2488,926 11,848,61i5-2655,281;. 3545,878.. 2.614,614 2353,223 7275,366 1805,160 1055,595 l0iu,136 1^9^,119 5366,81,5 l/ After deducting $56,000 participations of otner Federal Reserve. Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

~.Li.i[c) STATSLIELH' OF CONDITIO?; OF THE FlSDr^AL RSSrlRVS RA-KS Ori JUNE 12, 19^6 (In thoufiixii'is of d'> i ix, rs ; L I A 5 I L I T I RS Total' Boston Nov/ York Phila. Clove. Aich. Atl-'^L& Cr.ioRfjo St.Louis Ki.i:r.. K:,r;8.Cv. lull's £CAL-rcn. A^aeral ;iosorve notes 2i;,073,5**0 ii|63,86J: 5,i[00,i;l6 1621,368 2bii.O,3l6 lfi.8,001 ii|27,7?l iJii8,3l3 l^.7,u7l 55-,0li. f?3y,C76 r/jh,tyU 2971,"36 _ .. .. .: .i ;;:.0ir bank-roservo sect. 15,909,236 725,563' 5,033,902 792,306 1155,621; 700,667 732,399 2273,062 538,397 391,712 753,695 751,353 1999,572 . S . IT :•. 3 urJ r- -Zo-no rail ucefc. 860,105 53,706 296,761 33,636 79,903 1:0,537 33,352 156,501 54,109 .-31,055 32,712 25,306 1JI,9VI. i-'oroi^r: 534,379 32,21+6 1/201,969 Li,531 li6,366 25,A3 lo,9A 66,308 16,951 12,1:61+ l6,l;53 15,954 !;i,909 .'6ri6 r h~5h,hSQ 5,736 520,266 2_,589 8,09!; 5,-M 1,673 5,306 7,692 2,501 A6 1,333 75, A2 i r :,*•"')<*• 17,733,670 315,501 5,352,893 8c-9,978 1289A^~7ACA9 ?3U,3O9 2 Jor^TvT- Ci ATHTJ 1 A' ? , 31*0 303,3-6 ?9u,l; <8Tl5o7A ,332,078 168,073 390,698 111,221 155,332 139,193 liil,955 263,172 37,182 1,.2,830 93,323 62,523 181,391 ••.o:..-ruur aividoi-iciG 14,476 856 0,260 91I1 1,597 743 606 2,545 5Ug 428 535 501 1,505 i I-JTAL LIABILITIES i.3,713,764 2LJ4.8,09/, ii,61+3,272 2605,1477 5437,057 2535,1.63 2357,131 7191,205 1782,305 1056,782 1791,493 1472,156 55A,219 j&pitiil paid in 132,175 10,822 61.4,375 13,493 18,2 a 7,61:0 6,301; 21,5>A 5,877 3,965 5,975 6,5;3 16,762 Surclus (Section 7) 353,355 22,439 ll6,36o 23 ,9ao 53t745 13,593 A,l:.30 53,029 12,939 8,869 11,391 10,cyo 25,920 Oun.lus (jj-i-ction l?b) 27Jj-2J 5,012 .7.20;" l;,5ul 1,007 5,526 762 1,2.;29 527 1,073 1,157 1,5-07 2,102 JZ:,JV c-.:pitr.-i acoour.ts 65,877 14,559 11,933 4,667 5,306 4,592 l.t,026 3,110 3,430 i»7_o£_ 5,^0 l,7>5-> 6,733 JAIL LLAiLITIES AOD CAP 11.J, ACCOUNTS 1414,545,599.21433,926 ll,5l^3,61t5 2655,280 3945,873 26ll;,5il; 2385,223 7275,366 1003,168 1053,393 1 ••14,156 1494,119 5366,A5 Coninit:.':-;:;tG to make industrial-loans 5,398 — — 330 521 2o2 — — 3,600 —- — 170 15 V. R. notes out star, din- 2I4,775,028 11490,670 5,565/087 1662,036 2110,370 1707J1.IS? ~l46l, 725 1,495,1-424 1033,179 566,1463 909,443 627,773 369o,123 Collateral for f. R. note a hold by F. R. A^onts: Gold certificates ll,l7l;,000 1.410,000 5,295,000 5-0,000 635,000 550,000 61.;0,000 2525,000 300,000 170,000 230,000 109,000 1700,000 Sligible pup-.r 74,l6l 5,7l6 2li,6u6 5,521-4 —- 12,525 • — — 16,600 0,200 : 950 — 3,000 A S. r-ovt. securities 1I4.,270,1457 1100,000 2,300,000 1200,000 1550,000 1175,000 850,000 20.00,000 395,437 400,000 700,000 500,000 1000,000 IQATIAITY DISTxIBUTlO'J -00' LQAOS OOP 'SrlCOOTIIOS- Wit'nin l6 to 31 to 6l to 91 d ays 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 •Az aounte and a*i.noss 251,330 31,907 10,955 42,052 llc,ljl3 — — ,— j. n a ustrica loans 1,237 1,031 I 9 :3 51 . 73 19 45 A: .no... purchased 12,917 3,A1. 3,691 5,545 2,03-0 Govt, securities 25,269,375 3,393,963 3,3l7,lo03 5,2314,723 5,900„,459 1,260,550 3,01.40,380 21,2+00 1AJ,5X> 590,190 - j/ After deducting $332,514.3,000 participations of other Federal Reserve Bcrkz. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis