H.4.1 Factors Affecting Reserve Balances of Depository Institutions

BOARD OF G0"r^bi:S.3 OF T":3. FOIadJ j ^ A:'J .1 \ v ill D i D .] ili, (Ha. 01 F] ii ,arli. ; r) :.ry 9, I9U7 o- dor ::t L.! I.0:.J::;'; Dnrin/ th, ~. . L id d J.-j-ry , •""-ri r Lank r~ s. r^ balances incr used ^K?lq, ^-\-d% ^dditio, r t. r -± i .1 .. > r*-r «.r^f fr ^ i;cr -r ,c of „^ _, V~ i ~ h r ^ * k cr lit n. lO-_,AV, i. f la st~ck aid • d cr ase of - -r+- h r 1 F ^ r i} s ) r'' n ] -^ r~ i i j * ' 1 ;!, ^ , -J in .oiai b r Jnpo-its e o ,- r r 1 f- - r^r JLXr.^C. - Ss s r . rv s of rr> ,r b • as i:i r /• > t tc b , a^r^ \i an lvv i cldi/vs Qf lo./s; Jlncriuts i i l M vc G in^r n ". 0,Cr'0,0^ V^O, .nd of dnit d St/ t s do- /:u c ^ . r ni s ';" o,, ") ,0 *. r n li sr ' s in del : • r T?i ,<i 3 ~ t.s T"'. r t seo <rl 1 s r fl c^s n-v ai ^ .llv * i .02 < in. of 03 ;L,O00,0'dJ JI: biilS. Oaanras' in rnnbor bank reserve balances and' re latOd"' items during the week ana ,;n; year ded Jaruary 0, I3I.J.7, v;cro as folloes: TriP or: decree,.s< ^aru laiJo 19U0 Idd (In edllicas of dollars) U. S, Government securities 2~A 7a" - 126 Loans, disc cants and ••/iv:'ncos + da Oth-s-r tu..n>,,rva B.,.nk or.alit - - l-o 66 Tot el fvo serve- d-« t 161 <--a, e / Gold stock + UB '-j ' \ JA <r - ci) r i,^,0l + ; iqe - a, -r bank r,a re,„ bJa.ic.s 15,1=07 + 3 IB -h 635 i^^a" ,. in e:i v ;n !• t.* si. 0P,7.La + ii5l 0 • .s.try c as- k,,a:l + lr'] 4. 05 a- • s r • 1. r.. . :s . * t: , . .K Banks !e'l j. 35? # /a - V; r " ->ef- • t: a^ oh'l r F*L' accounts 1,5';-.) + - TOO t Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.lul(a) SIATEIOONI OF CONDITION OF THE TWELVE FEDERilL RESERVE BAFK3 COMBINED (In thousands of dollars) Increase•or decrease since January 3, ' December $1,, January o f I9li7 19^6" I9li6 A S S E TS Gold certificates 17,565,173 - 21,000 4 > )-7/s Ale Redemption fund for E. R. note,s 615,2149 + 19,135 4- 10/026 Total gold certificate reserves 18,375,1*27 - «"~> r, / / 4- 1.4.-u ( , ^i-4'4 Other cash 50n,o61; + 36, nh 4- <-'o, 3I0 Discounts and advances 2U6,967 + 83,898 4- 32,127 Industria1 1cans 529 - 01 - 1,333 U. S* Govt, securities: Bills 15,129,335 + 30ii,352 +2 : ,563,1U6 Certificates 7,394,512 - 1,500 -1; ,315,999 Notes 555,500 —- -1 ,179,000 ; Bonds 753,590 — - 193,502 Total U. 3. Government £3,732,537 • id.,olX - 126,155 Total loans and securities 23,930,033 + 466,719 - 95,391 Due from foreign banks 102 - 3 E.R. notes of other banks 1794,056 + 10,671 + 3,106 Uncollected Items ? '262 7f-:.] -336,323 + 281,386 Bank premises .32,Uoo 976 Other assets 14/4,050 - U;19 TOTAL ASSETS 43,175,663 .+ 169,1450 + 656, &? L I A B I LI T I ES Federal Reserve notes 214,703,566 - 151,733 + 508,667 Deposits: Member bank - reserve account 16,14.56,723 +• 317,8145 + .635,088 b\S Treasurer - general, account h6l,393 + 8,529 - 356,420 % Foreign ,JL\. / , / >'4 + 139.710 -' 258,493 Other 7 1 p p Q E + U,&7 82,122 Total deposits 17,'32u,liiO + i+7 0,739 1 61,952 Deferred availability items 1,867,585 - 152,308 + 347,172 Other liabilities including accrued dividends io,Q57 4- 665 + 2, OI4I4 TOTAL LIABILITIES UUi95,35l + 167,353 + 595,931 C A P I T AL AC C O U N T S" Capital paid in 187,620 + 790 + 9,370 Surplus (Section 7) l-"o 82" + 81,468 % Surplus (Section 13b) 27,li55 27 Other capital accounts • , v '25,611, •f 1,302 : 25U TOTAL LIABILITIES AND.CAPITAL ACCOUNTS 145,175,363 + 169,150 + 686,5U2 Ratio of gold certificate reserves to deposit and F. R; note liabilities combined ii3.l% • U/o Contingent liability on bills purchased for foreign correspondents 7,776 4- 1,229 + 7,776 Commitments to make industrial loans 8,231 - 73 4- 6,565 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.ii.l(b); STATEMENT OF CONDITION OF THE FEDSPu'iL RESERVE BANKS ON JANUARY 3, I9U7 (In thousands of dollars) A S S E TS Total Boston New York Phila. Clove. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas SanFran. Gold certificates 17,565,173 737,235 5,449,856 8l 7,1*82 1183,658 1015,607 938,9152913,176 575,oli9 343,833 589,01.3 ..'1*56,553 251^,773 + Redemption fund for ' ' " F. R. notes 815,21*9 55,u2i 125,11.35 6o,732 77,449 60,892 1^6,101* 156,1*4.5 li6,592 21,558 55,967 21*,950 106,076 Total gold certificate reserves ' 18,378,427 792,704 5,573,259 908,264 1261,087 1076,1*99 985,019 3069,62'1 621,Ml 365,171 622,980 1*81,503 2620,849 other cash • 30l*,o61* 25,586 51,325 21,696 27,971* 25,81*7 23,716 39,096 16,528 6,01*9 13, 28 14,938 32,879 4 Discounts and advances 21*6,967 15,046 79,61*5 13,987 23,575 8,1*66 10,507 31,791 6,971 29,013 7,50li 6,618 15,766 Industrial loans r-gc 27 r^2 r U. S. Govt, securities: Bills Certificates Bonds Total U. 8. Government sspurities" 23,732,537 1473,595 5,700,874 161*5,069 2124,677 1419,721 l2ol;,655 5955,918 1133,091 647,817 1097,291 907,022 21*09,827 Total loans and securities 23,960,033 1488,668 5,738,519 1659,553 211*8,250 11*26,187 1215,222 3987,709 111*5,062 676,830 1104,795 913,61*0 21*25,593 Due from foreign banks 102 7 l/ 5i* 6 9 ;5 1* ll* 3 3 3 3 9 F.R. notes of other banks 17l*,056 i*,9l5 23,123 6,1*07 11,617 41,350 17,221;- .16,1*1*6 10,1*1*9 6,000 . 9,1*54 6,650 18,351 Uncollected items 2,2.62,751 169,358 ' 1*35,919 133, loO ' 209-, 526 20l*,dl*2 158,593 352,961 113,326 65,612 116,1*81* 83,025 210,21*5 Bank premises 52,1*00 1,297 8,1*59 3,170 3,350 2,'686 1,526 3,057 2,011 1,21*0 2,521 795 1,788 Other assets 1*4,030 2,8.1*5 10,502 2,701 l,2l*l* 2,606 2,1*29 6,2oi 2,389 1,203 2,068 1,837 4,1*15 t TOTAL ASSETS 1*5,175,863'21*85,660 11,091,170 271*0,054 3666,557 2781,202 21*03,735 7477,195 1911,709 1122,108 1376,753 1507,391 5312,129 l/ After deducting $68,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.l+.l(c) STATEMENT OF CONDITIO?: OF THE FEDERAL RESERVE BAMS ON JANUARY 8, 194? (In.thousands of dollars) L I A B I L I T I ES Total Boston New York Phila. "Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas SanFran. Federal R serve notes 24,793,566 11+77,488 5,655,073 1684,956 2112,191 1767,737 il+39,.650 1+568,705 ml+,110 595,149 920,520 599,615 2860,519 e Deposits: Member bank-reserve acct. 16,1+56,725 751,295 5,152,21+3 805,528 12ll+,l82 742,905 749,617 21+00,207 622,251 416,897 792,21+0 769,785 2079,738 u.s.Treasurer-general acct. 1+01,598 25,706 * 108,903 19,1+05 52,381+ 35,509 19,510 55,370 19,554 20,255 15,565 17,1+39 32,015 Foreign 61+7,734 1+0,259 1/230,686 '51,862 .• 58,111 29,568 23,744 85,729 21,21+5 15,621 20,620' 19,995 52,494 Other 318,285 6,208 220,186 2,1+93 11,578 4,068 5,555 5,322 10,318 2,707 762 2,549 50 Total deposits 17,82l+,140 803,468 5,692,028 879,088 1516^055 8ll,850~ 796,224 2543,123 675,148 455,460 329,135 809,763 2214, < Deferred availability items 1,867,588 l60,60i+ 328,885 120,180 174,536 167,125 138,323 271,310 99,088 55,3^ 101,956 75,925 175,357 Other liabilities including accrued dividends 10,057 505 2,708 552 862 1+60 1+02 2,1+98 349 315 531 518 7£9_ TOTAL LIABILITIES 1+4,1+95,351 21+42,063 11,678,699 268A756 3005,644 2747,222 2575,101+ 7385,639 1886,695 1104,238 1851,82+2 1483,626 5251,825 Capital p-id in 13?,620 11,112 65,825 15,960 13,1+20 7,85! 7,A8 22,518 6,114 1+,H9 6,20? 6,385 17,1+85 Surplus (3-,-ction 7) 1+39,823 27.557 136,549 34,720 1+1,394 20,676 18,665 65,078 16,577 10,997 15,729 13,777 33,106 Surplus (section 13b) 27,1:55 -,012 7,253 It,1+89 1,00? -,,7,25 ?62 1,42° 521 1,073 1,137 1,307 2,140 Oth^r capital accounts 25,614 2,156 .2,81+6 2,129 2,092 2 ,li£ 2,053 2,551 1,802 i,6-3l 1,318 ' 1,793 2,575 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1+5,175,365 21+85,330 11,391,170 2740,054 3666,557 2731,202 2403,735 7477,195 1911,709 1122,108 1376,755 1507,591 5512,129 Contingent liability on bills purchased for foreign correspondents 7,776 476 2/2,319 617 691 5l+9 232 996 255 l86 2l+5 253 62I+ Comirdtments to make industrial loans 3,231 — — 1,207 1,596 57 — 531 4,225 — 450 155 130 >'. R. notes outstanding 25,61+0,254 1529,931 5,31+8,667 1734,720 2135,131 1621,1+81 11+90,372 4692,512 1154,490 607,73.0 944,690 657,555 2995,025 Collateral for F. R. notes held by F. R. Agents: Gold certificates 10,755,000 1+55,000 5,1+70,000 550,000 61+5,000 660,000 615,000 1620,000 500,000 139,000 230,000" lc9,000 1300,000 Eligible paper. 67,557 6,310. '' .25,590 2,657 1,950 — — 2,550 25,600 3,000 2,300 U. 3. Govt, securities 15,752,156 1100,000 2,500,000 1200,000 1550,000 1200,000 900 ,000 '5100,000 957,156 1+25,000 700,000 500,000 1600,000 ": ' MATURITY DISTRIBUTION OF LOANS ABU SECURITIES Within 1.6 to 51 to 6l £0 'c\ ys to 6 months 1 to 2 2 to 5 na ever Total 15 days "50 days 60 days 90 days 6 months to 1 year years years 5 yaars Discounts on<,l advances 246,967 8l+,770 16,025 115,532 52,790 Industrial loans 529' 1+55 4 5 . ll+ 12 7 34 U. s. Govt.'securities 23,752,557 5,281+,677 i+,065,465 5,303,721 5,535,330 1,405,736 3,035,770 320,1+00 143,350 580,01+0 ( l/ After deducting $1+16,771,000 participations of other Federal Reserve Banks. 2/ After deducting $4,957,000 participations of other Peaerol B •> servo Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis