H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.voSL^oV. FEDERAL RESERVE Factors Affecting Bank Reserves and Condition Statement of F.R. Banks H.4.1 For immediate release October 9, 1975 Member bank reserves, Week ended Change from week ended Wednesday Reserve Bank credit, Oct. 8, Oct. i, I Oct. g;— Oct 8, and related items 1975 1975 1 1974 1975 Reserve Bank credit: 1/ (In millions of dollars) 1/2/ U.S. Government securities-- Bought outright--System account 83,603 - 201 +4,134 81,361 Held under repurchase agreements 1,069 -2 ,505 + 690 Federal Agency obligations-- Bought outright 5,789 + 281 +1,778 5,789 Held under repurchase agreements 100 - 206 82 Acceptances-- Bought outright 714 + 12 + 403 703 Held under repurchase agreements 150 - 145 74 Loans-- Total member bank borrowing 238 - 343 -2,007 155 Includes seasonal borrowing of: 74 — - 60 65 Other borrowing -- m, Float 1,741 + 109 - 396 2,493 Other F.R. assets 3.348 + 203 +1.301 3.386 Total Reserve Bank credit 96,752 -2 ,795 +5,746 93,887 Gold Stock 11,599 -- + 32 11,599 Special Drawing Rights certif. acct. 500 — + 100 500 Treasury currency outstanding 9.857 + . 38 + 830 9.858 118,708 -2,, 757 +6,708 115,844 Currency in circulation 81,853 + 456 +6,526 82,429 Treasury cash holdings 370 mm + 56 370 Treasury deposits with F.R. Banks 5,863 -1,, 550 +3,165 3,691 Foreign deposits with F.R. Banks 235 - 42 - 53 234 Other deposits with F.R. Banks 4/ 570 - 80 - 254 568 Other F.R. liabilities and capital 3.044 - 419 - 63 3.046 91,935 -1, 635 +9,377 90,338 Member bank reserves: With Federal Reserve Banks 26,773 -1, 122 -2,668 25,506 Currency and coin 7.598 + 39 + 438 7.598 Total reserves held 34,371 -1, 083 -2,230 33,104 Required reserves '34,342 - 646 -2,314 34,342 Excess reserves 84 1,238 NOTE: frnm\hf of u 8Ur?1US reserves were eligible to be carried forward from the week ended October 1, into the week ending October 8. h °Tt^beri8n 1975> marketable U.S. Government securities held in custody 1 "" °atChed "l e'P"= h"e « — • = ' K »» outstanding 2/ B x c l um : t,= h ! d3" u ^ ^ : fs c h e d-ud ™be •>«*• -»•« " * °-s- *— connection with voluntary participation by non-member institutions in the Digitized for FRASEFRed eral Reserve System s program of credit restraint, * Estimated (Treasury's Figures). http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

K.4.1(a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS (In millions of dollars) Wednesday Change since October 8, October 1, October 9, 1975 1Q7S 1Q7A Gold certificate account 11,599 «*— 4- 139 Special Drawing Rights certif. acct. 500 —— + 1Q0 Cash (1,756) 414 + 13 + 180 Loans 155 - 461 - 647 Acceptances--Bought outright 703 1 + 392 Held under repurchase agreements -- - 233 4 Federal Agency obligations—Bought outright 5,789 —- +1,778 Held under repurchase agreements -- - 295 U.S. Government securities: Bought outright--Bills 32,857 -2,510 + 95 Certificates —— Notes 43,400 —— +3,681 Bonds 5,104 •— +2,007 Total bought outright 1/2/ 81,361 -2,510 +5,783 Held under repurchase agreements ~ —— -3,008 mm ## - Total U.S. Government securities 81.361 -5,518 +5,783 Total loans and securities 88,008 -6,508 +7,302 Cash items in process of collection (1,517) 7,562 - 825 - 397 Bank premises 307 1 + 57 Operating Equipment 4 —• + 4 Other assets 3/ 3.075 + 141 - 21 TOTAL ASSETS (3,273) 111,469 -7,180 +7,364 L I A B I L I T I ES Federal Reserve notes (1,756) 73,355 + 719 +6,045 Deposits: Member bank-reserves account 25,506 -2,634 - 635 U.S. Treasury-general account 3,691 -3,946 +2,512 Foreign 234 - 49 - 62 Other 4/ 568 - 256 - 230 Total deposits 29,999 -6,885 +1,585 Deferred availability cash items (1,517) 5,069 - 643 - 215 Other liabilities and accrued dividends 1,081 86 95 TOTAL LIABILITIES (3,273) 109,504 -6,895 +7,320 C A P I T AL A C C O U N TS Capital paid in 914 + 27 Surplus 897 •— + 53 Other capital accounts 154 - 285 36 Contingent liability on acceptances purchased for foreign correspondents -1,509 * Figures in parentheses are the eliminations made in the consolidating process. v Excludes $3,318 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. 1/ Includes $74 million securities loaned--fully secured by U.S. Government securities pledged with Federal Reserve Banks. 3/ Includes assets denominated in foreign currencies. 4/ Includes $12 million of certain deposits of foreign-owned banking institutions held with member banks and redeposited in full with Federal Reserve Banks in connection with voluntary participation by nonmember institutions in the Federal Reserve System's program of credit restraint. MATURITY DISTRIBUTION? OF LOANS AND SECURITIES. OCTOBER 8, 1975 (Acceptances and securities held under repurchase agreements are classified as UlftLUliUK WJ.tIia.ll oeve in accordance \7 1 cn maximum maturity or the agreements.) U.S. Government Federal Agency Loans Accept- securities obligations ances Holdings 1Weekly Holdings Weekly 1changes changes 124 86 3,176 -3,793 11 -284 16 days to 90 days 31 320 16,406 -1*647 195 - 6 91 days to 1 year 297 22,120 78 618 - 5 Over 1 year to 5 years 30,099 3,073 Digitized for FRAS O E v R e r 5 years to 10 years 5,893 1,310 Over 10 years http://fraser.stlouisfed.org/ 3,667 582 Federal Reserve Bank T o o t f a S l t. Louis 155 703 81,361 -5,518 5,789 -295

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 8, 1975 New Phila- Cleve- 1 Rich- St. Minne- Kansas 1 San Total Boston York delphia land 1 mond Atlanta Chicago 1 Louis apolis City Dallas IFranciscc , (In millions of dollars) A S S E TS Gold certificate account 11,599 530 3,330 668 888 981 611 1,768 449 206 419 422 1,327 Special Drawing Rights certif. acct. 500 24 124 31 43 45 28 79 20 10 18 19 59 F.R. notes of, other banks 1,756 153 358 81 82 167 232 56 23 44 42 84 434 Other cash 414 26 35 14 49 42 55 39 31 19 34 18 52 Loans 155 9 11 5 1 10 48 27 1 26 10 6 1 Acceptances: Bought outright 703 703 Held under repurchase agreements Federal Agency obligations— Bought outright 5,789 269 1,389 340 457 468 302 872 221 126 237 296 812 Held under repurchase agreements U.S. Government securities: Bought outright- Bills 32,857 1,527 7,885 1,929 2,596 2,655 1,716 4,949 1,252 718 1,343 1,680 4,607 Certificates Notes 43,400 2,018 10,415 2,549 3,429 3,507 2,266 6,537 1,653 948 1,774 2,218 6,086 Bond s 5,104 237 1,225 300 403 412 266 769 195 111 209 261 716 Total bought outright 172/ 81,361 3,782 19,525 4,778 6,428 6,574 4,248 12,255 3,100 1,777 3,326 4,159 11,409 Tot £1 a 6 l 1J A. U . uGr S iU/ . u^ ACv G l*c o r v r e io r cn n pn m rup e il n tl t u aa s occ e p c a u g r i i c t c i i e u s cu t» 81,361 3.782 19,525 4,778 6,428 6,574 4,248 12,255 3,100 1,777 3,326 4,159 11,409 Total loans and securities 88,008 4,060 21,628 5,123 6,886 7,052 4,598 13,154 3,322 1,929 3,573 4,461 12,222 Cash items in process of collection 9,079 384 1,338 263 435 1,283 839 1,215 405 438 786 626 1,067 Bank premises 307 84 20 47 26 18 14 16 13 33 17 12 7 Operating Equipment 4 2 2 Other assets 3/ 3,075 92 1,754 106 128 130 106 243 60 39 66 82 269 TJLrl»lt- oLrCr1i"Uli ied fL-ir -if. wLf* tO* w <V5P fV" tJ"pL1m pwnlUfCcl lf lV CaCwOwUwnutu -0- - 305 + 138 - 447 + 116 - 37 - 176 + 587 + 259 + 78 - 209 - 475 + 471 TOTAL 114-742 5.048 29,737 5,995 9,553 9,691 6.307 17-157 4,592 2,796 4,746 5.251 15r908 1/ Excludes $3,318 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. 2/ Includes $74 million securities loaned—fully secured by U.S. Government securities pledged with Federal Reserve Banks. 3/ includes assets denominated in foreign currencies. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1(c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 8, 1975 New Phila- Cleve- Rich- St. Minne- Kansas San Total Boston York delphia land mond Atlanta Chicago Louis apolis City Dallas Francisco L I A B I L I T I ES F D e e d p e o r s a i l t s R : e serve notes 75,111 3,710 18,731 4,432 6,500 6,855 3,779 11,979 3,159 1,518 2,704 2,868 9,876 O D t e h f U F M O e e . o t e r r S h r T m r . e e o b l e r t i e i d T a g r a 2 l r n a b / b e v i d a a a l e n s i i p k u l t o r a i r s y b e e i — i s s t g l e s e i r a n t v n e y d e r s c a a a l c s c h u a r c e i c d t o e u m n s t 2 2 9 6 3 5 , , , , 5 9 5 6 2 5 8 9 6 9 3 0 6 9 8 1 4 6 3 8 2 6 3 7 2 4 6 7 6 9 2 1/ 8 7 , , 9 2 4 4 2 6 7 6 3 9 7 2 8 7 7 9 5 1,0 2 3 7 9 0 4 1 3 3 8 8 1 0 4 1 1 , , 3 5 2 2 6 4 9 2 1 1 1 6 6 9 1 1 1 , , , 0 5 3 2 7 6 1 1 1 1 2 0 6 6 6 2 1 1 , , 4 8 3 4 8 3 3 1 6 1 7 2 1 7 8 6 3 3 , , 9 7 5 4 8 4 3 2 0 1 3 3 3 3 9 8 1, 3 0 2 7 1 0 1 8 5 4 4 1 2 7 3 8 6 1 9 0 0 9 8 5 2 5 4 4 . 1 , 6 2 9 2 9 1 4 6 5 8 5 2 9 2 1 1 , , 4 7 2 4 6 6 1 1 9 4 0 4 2 4 4 A 6 5 , , 5 0 5 4 4 4 4 l 2 5 f 9 4 7 7 4 i . di T v O i T d A e n L d I s A BILITIES 112 1 , * 7 08 7 1 7 4,97 4 2 9 28,2 2 2 5 7 6 5,79 6 5 2 8,48 80 2 9,5 8 6 0 7 6,15 5 7 9 16,8 14 5 9 4 4,51 3 6 8 2,74 2 5 4 4,66 4 3 6 5,14 S 3 I 15,6 11 5 0Q7 6 7 CAPITAL ACCOUNTS O C S t a u h p r e i p r t T l a O u c l T s a A p p L i a t i L a d I l A i B n a I c L c I o T u I n E t S s AND 9 1 8 5 9 1 4 7 4 3 3 5 5 6 2 2 3 3 2 6 5 9 4 4 2 2 7 1 8 7 3 0 8 5 1 5 0 2 2 6 7 9 9 2 1 1 2 3 4 3 8 2 3 3 0 5 1 2 2 5 4 2 3 3 7 9 7 4 5 9 1 8 1 1 2 1 1 3 2 7 CAPITAL ACCOUNTS 114,742 5,048 28,727 5,886 8,653 9,681 6,307 17,157 ,582 2,796 4,746 5,251 15,908 Contingent liability on acceptances purchased for foreign correspondents . FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding Collateral for F.R. notes: 78 ,520 3 ,920 19 ,502 4,536 6,692 7,100 4 ,271 12,186 3,296 1,571 2,874 3,002 9,570 Gold certificate account U T A S . o c p t S c e . a e c l p i G t a o c l a v o n l e D a l r r n a n a c t m w e e e i s r n n a t g l s R e i c g u h r t i s t i c e e s r tif. acct. i £ 1 L 9 1 . [ , 3 2 3 5 0 2 3 9 2 8 0 6 3 3 , , 5 4 9 3 2 0 5 0 4 0 4 1 1 9 6 3 , , , . 8 1 3 3 0 5 2 2 3 0 9 4 4 4 . , 8 1 6 1 5 6 8 0 8 6 5 . . 7 9 9 1 8 8 0 8 8 7 6 . , 1 1 9 6 8 8 — 0 0 0 4,, > 6 6 0 2 1 3 0 8 1 9 0 11 1 . , 4 7 0 6 •• 0 8 2,920 1.410 2,5 4 0 1 1 0 8 8 2,6 4 1 2 1 0 2 9 8 1 . , 5 3 0 2 5 0 7 9 1/ After deducting $159 million participations of other Federal Reserve Banks. redloosi Jd Mn'f ^i0™ j>5kC^al°1 dep0SltS 0f foreign-owned banking Institutions held with member banks and Pirttcipation b, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis