H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE \ i ® K^ Factors Affecting Bank Reserves and Condition Statement of F.R. Banks , , For immediate release 4,1 October 30, 1975 WWeeeekk eennddeedd Change from week ended 1 WWeeddnneessddaayy Member bank reserves, OOcctt.. 2299,, Oct. 22, October 30, OOcctt.. 2299,, Reserve Bank credit, 11997755 1975 1974 11997755 and related items Reserve Bank credit: 1/ (In t millions of dollars) 2/3/ U.S. Government securities— Bought outright--System account 84,644 +1, 484 + 5,437 84,244 Held under repurchase agreements 1,258 + 569 + 1,049 2,958 Federal Agency obligations-- Bought outright 6,073 + 284 + -2,062 6,073 Held under repurchase agreements 52 + 16 102 91 Acceptances-- 732 + 21 + 519 739 Bought outright Held under repurchase agreements 85 + 44 + 32 158 Loans-- Total member bank borrowing 95 138 - 1,543 98 Includes seasonal borrowing of: 61 - 2 ~ 43 61 Other borrowing 1,820 351 75 1,80? Float 3.666 + 88 + 280 3.675 Other F.R. assets 98,425 +2;, 018 + 7,658 99,838 Total Reserve Bank credit 11,599 —- + 32 11,599 Gold Stock 500 —— + 100 500 Special Drawing Rights certif. acct, 9.893 + 6 + 839 9.893 Treasury currency outstanding 120.417 +2 ,024 + 3,630 121,830 Currency in circulation ' 82,116 346 + 6,492 82,369 Treasury cash holdings ' 370 — — + 57 370 Treasury deposits with F.R. Banks 6,148 +2 ,573 + 4,807 6,124 Foreign deposits with F.R. Banks 265 4- 20 47 236 Other deposits with F.R. Banks &/ 664 + 8 136 594 Other F.R. liabilities and capital 3.375 - 154 -35 3,449 92,938 +2 ,409 +11,138 93,142 Member bank reserves: With Federal Reserve Banks 27,479 385 - 2,508 28,688 7.246 + 505 + 414 7.246 Currency and coin Total reserves held 34,725 + 120 - 2,094 35,934 Required reserves 3 4,443 - 133 - 2,133 • 34,443 Excess reserves 282 •!- 253 + 39 1,4.91 A net of $3 million of surplus reserves were eligible to be carried ^ NOTE: forward from the week ended October 22, into the week ending October *.9. On October 29, 1975, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign and international accounts were $-+2,730 million, an increase of $287 million for the week. 1/ Net of $178 million, daily average, matched sale-purchase transactions outstanding during the statement week. 2/ Excludes $658 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. 3/ Includes $101 million securities loaned—fully secured by U.S. Government securities pledged with Fecjeral Reserve Banks. 4/ Includes $12 million of certain deposits of foreign-owned banking institutions in^onnectionhwithVoluntary^articipation^y^on-member instituitons in the Federal Reserve System's program of credit restraint. * Estimated (Richmond District). ** Estimated (Treasury's Figures). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1(a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS (In millions of dollars) Wednesday Change since October 29, October 22, October 30, A S S E TS Gold certificate account 11,599 —— + 139 Special Drawing Rights certif, acct. * 500 -— + 100 Cash (1,766) 393 - 5 + 152 Loans 98 - 843 -1,753 Acceptances--Bought outright 739 + 19 + 519 Held under repurchase agreements 158 + 14 + 52 Federal Agency obligations--Bought outr:ii gghhtt 6,073 + 284 +2,062 Held under repurchase agreements 91 - 28 - 253 U.S. Government securities: Bought outright--Bills 35,740 + 913 - 223 Certificates Notes 43,400 mm mm +3,681 Bonds 5,104 +2,007 Total bought outright 11//22// 84,244 + 913 +5,465 Held under repurchase agreements 2,958 + 564 +2,498 Total U.S. Government securities 87,202 +1 ,477 +7,963 Total loans and securities 94,361 + 923 +8,590 Cash items in process of collection (1,441) 6,754 -1 ,018 -1,242 Bank premises 313 + 2 + 60 Operating Equipment 8 + 2 + 8 Other assets 3_/ 3,354 + 8 + 178 TOTAL ASSETS (3,207) 117,282 - 88 +7,985 L I A B I L I T I ES Federal Reserve notes (1,766) 73,239 117 +5,954 Deposits: Member bank-reserves account 28,688 + 447 -1,947 U.S. Treasury--general account 6,124 + 50 +5,045 Foreign 236 + 22 - 168 Other 4/ 594 - 223 - 250 Total deposits 35,642 + 296 +2,680 Deferred availability cash items (1,441) 4,952 - 399 - 617 Other liabilities and accrued dividends 1,150 + 16 70 TOTAL LIABILITIES (3,207) 114,983 204 +7,947 C A P I T AL A C C O U N TS Capital paid in 916 + 1 + 28 Surplus 897 —— + 53 Other capital accounts 486 + 115 - 43 Contingent liability on acceptances purchased, for foreign correspondents -2,022 * Figures in parentheses are the eliminations made in the consolidating process. Excludes $658 million of securities sold, and scheduled to be bought back, 1/ under matched sale-purchase transactions. 2/ Includes $101 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. ** Estimated (Richmond District). MATURITY DISTRIBUTION: OF LOANS AND SECURITIES. OCTOBER 29. 1975 (Acceptances and securities held under repurchase agreements are classified as U.S. Government Federal Agency LLooaannss Accept- securities obligations ances Holdings Weekly Holdings Weekly changes changes Within 15 days 86 264 7,342 +1,328 129 - 27 16 days to 90 days 12 293 17,427 - 296 216 + 21 91 days to 1 year -- 340 22,774 + 445 657 + 37 Over 1 year to 5 years -- -- 30,099 -- 3,282 +141 Over 5 years to 10 years -- — 5,893 1,284 + 70 Digitized for FRAS O E ve R r 10 years -- -- 3,667 -- 596 + 14 http://fraser.stlouisfe T d o .o t r a g l / 98 897 87,202 +1,477 6,164 +256 Federal Reserve Bank of St. Louis

H.4.1(b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 29, 1975 New Phila- Cleve- Rich- 1 1 St. 1 Minne- 1 Kansas 1 San Total Boston York delphia land * mond Atlanta 1 Chicago 1 Louis 1 aoolis 1 Citv 1 Dallas (Francisco (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 1,3 27 Special Drawing Rights certif. acct. 500 24 124 31 43 45 28 79 20 10 18 19 59 F.R. notes of other banks 1,766 137 359 74 88 185 217 76 33 43 46 86 422 Other cash 393 25 34 11 48 45 50 34 29 17 38 17 45 Loans 98 2 14 6 —— 4 36 7 2 3 18 5 1 Acceptances: Bought outright 739 — 773399 -- -- -- Held under repurchase agreements 158 — 158 — — -- Federal Agency obligations- Bought outright 6,073 282 1,457 357 480 491 317 915 231 133 224488 310 885522 Held under repurchase agreements 91 -- 91 -- — — -- U.S. Government securities: Bought outright- Bills 35,740 1,661 8,577 2,099 2,824 2,888 1,867 5,384 11,,336611 781 11,,446600 1:,, 882277 5, 001111 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 66,, 086 Bonds 5,104 237 1,225 300 403 412 266 769 195 111 209 261 716 Total bought outright 1/2/ 84,244 3,916 20,217 4,948 6,656 6,807 4,399 12,690 3,209 1,840 3,443 4,, 306 11, 813 Held under repurchase agreements 2,958 2,958 Total U.S. Government securities 87,202 3,916 23,175 4,948 6,656 6.807 4,399 12,690 3,209 1,840 3,443 4., 306 11, 813 Total loans and securities 94,361 4,200 25,634 5,311 7,136 7,302 4,752 13,612 3,442 1,976 3,709 4; , 621 12, 666 Cash items in process of collection 8,195 336 979 218 463 1,425 687 1,000 400 410 796 608 873 Bank premises 313 85 20 49 26 21 14 16 13 33 17 12 7 Operating Equipment 8 — 2 — — -- — — 2 -- -- 2 2 Other assets 3/ 3,354 87 1,833 117 153 145 132 285 75 44 79 99 305 Interdistrict settlement account -0- + 272 -1,608 - 101 + 230 + 37 + 219 + 667 + 353 + 213 - 52 - 302 + 72 TOTAL 120.489 5.696 30,707 5,379 9.075 10 r 186 6,710 17,517 L ftlfi 2.952 5.070 5-.58A.. 15,, 779 1/ Excludes $658 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. 2/ Includes $101 million securities loaned—fully secured by U.S. Government securities pledged with Federal Reserve Banks. 3/ Includes assets denominated in foreign currencies. * Estimated (Richmond District). 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 29, 1975 New Phila- Cleve- Rich- St. Minne- Kansas San Total Boston York delphia land mond * Atlanta Chicago Louis apolis City Dallas Francisco (In millions of dollars) L I A B I L I T I ES Federal Reserve notes 75,005 3,711 18,750 4,430 6,511 6,868 3,742 11,952 3,152 1,515 2,683 2,851 8,840 Deposits: Member bank reserves 28,688 1,038 8,853 1,080 1,441 1,339 1,727 3,574 836 658 1,176 1,662 5,304. . U.S. Treasury--general account 6,124 503 822 512 462 493 526 760 410 308 351 419 558 Foreign 236 9 1/ 69 11 20 12 17 35 8 6 9 12 28 Other 2/ 594 — — 497 3 1 14 32 7 11 2 1 10 16 Total deposits 35,642 1,550 10,241 1,606 1,924 1,858 2,302 4,376 1,265 974 1,537 2,103 5,906 Deferred availability cash items 6,393 295 821 169 360 1,234 430 702 282 ' 382 711 453 554 Other liabilities and accured 1.150 50 310 62 84 85 70 154 39 24 42 52 178 dividends 118,190 5,606 30,122 6,267 8,879 10,045 6,544 17,184 4,738 2,895 4,973 5,459 15,478 TOTA LIABILITIES CAPITAL ACCOUNTS Capital paid in 916 35 230 42 80 52 72 142 31 24 40 51 117 Surplus 897 35 235 42 78 50 69 138 30 22 37 49 112 Other capital accounts 486 20 120 27 38 39 25 73 17 11 20 25 71 TOTAL LIABILITIES AND 120,489 5,696 30,707 6,378 9,075 10,186 6,710 17,537 4,816 2,952 5,070 5,584 15,778 PUAAJDrTiT. AiT AA LPA/uVVYfIUTUNTlTNC 1 u Contingent liability on acceptances purchased for foreign correspondents —- -- -— —— —— —— - - — FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 78,654 3,891 19,472 4,545 6,724 7,131 4,270 12,240 3,319 1,567 2,879 3,019 9,597 Collateral for F.R. notes: Gold certificate account 11,596 530 3,329 668 888 980 611 1,768 449 206 418 422 1,327 Special Drawing Rights certif. acct. 302 24 124 -- — — —— 28 - - 20 10 18 19 59 Acceptanances - - - - • -- - - — — — — —— — - - —- -- -- -- U.S. Government securities 69,410 3,400 16,350 4,150 5,910 6,260 4,000 11,400 2,920 1 <.410 2.500 2,610 8,500 Total collateral 81,308 3,954 19,803 4, R1R 7,?40 L filQ 13,168 1,389 1 ^96 ? ,936 3,051 9,886 1/ After deducting $167 million participations of other Federal Reserve Banks. 2/ 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. * Estimated (Richmond District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis