H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE (HI Factors Affecting Bank Reserves and Condition Statement of F.R. Banks H.4.1 For immediate release November 6, 1975 Averages of daily figures Member bank reserves, Week ended Change from week ended Wednesday Reserve Bank credit, Nov 5j October 2^| Noy\6, Nov. 5, 1974 1975 1975 1975 Reserve Bank credit: 1/ (In millions of dollars) 2/3/ U.S. Government securities— Bought outright—System account 83,682 962 + 4.495 78,950 Held under repurchase agreements 2,362 +1 ,104 +' 2,088 614 Special Certificates -- -- 19 -- Federal Agency obligations— Bought outright 6,073 - - ++•• 22,,006622 6,072 Held under repurchase agreements 134 + 82 37 40 Acceptances-- Bought outright 746 + 14 + 525 747 Held under repurchase agreements 255 + 170 + 156 229 Loans-- Total member bank borrowing 67 - 28 - 1,058 52 Includes seasonal borrowing of: 43 - 18 36 28 Other borrowing -- -- -- -- Float 2,315 + 492 + 229 2,862 Other F.R. assets 3.714 + 48 + 248 3.723 Total Reserve Bank credit 99,347 + 919 + 8,689 93,289 Gold Stock 11,599 -- + 32 11,599 Special Drawing Rights certif. acct. 500 + 100 500 Treasury currency outstanding 9.909 + 16 + 829 9.916 121,355 + 935 + 9,650 115,304 Currency in circulation * 82,445 + 329 + 6,385 83,058 Treasury cash holdings * 370 -- + 75 370 Treasury deposits with F.R. Banks 6,755 + 607 + 5,706 3,066 Foreign deposits with F.R. Banks 288 + 23 14 355 Other deposits with F.R. Banks 4/ 652 12 159 692 Other F.R. liabilities and capital 3,382 + 7 + 70 3.063 93,891 + 953 +12,062 90,604 Member bank reserves: With Federal Reserve Banks 27,464 • 19 - 2,411 24,701 Currency and coin 7.515 + 269 + 395 7.515 Total reserves held 34,979 + 250 - 2,016 32,216 Required reserves 34,120 - 323 - 2,552 34,120 Excess reserves 859 + 573 + 536 - 1,904 NOTE: A net of $.160 million of surplus reserves were eligible to be carried forward from the week ended October 29, into the week ending November 5. On November 5, 1975, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign and international accounts were $42,244 million, a decrease of $486 million for the week. 1/ Net of $1,304 million, daily average, matched sale-purchase transactions outstanding during the statement week. 2/ Excludes $5,859 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. 3/ Includes $133 million securities loaned--fully secured by U.S. Government securities pledged with Federal Reserve Banks. 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 non-member institutions in the Digitized for FRASER Federal Reserve System's program of credit restraint. http://fraser.stlo*u isEfesdt.oirmga/ ted (Treasury's Figures). Federal Reserve Bank of St. Louis

H.4.1(a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS (111 Ja1 1 AV0 1 Wednesday Change since November 5, October 29, November 6, 1975 1975 1974 | A S S E TS 11,599 — 4- 139 Gold certificate account Special Drawing Rights certif. acct. * 500 —— 4- 100 (1,555) 384 - 6 + 149 Cash 52 — 46 - 787 Loans 747 4- 8 4- 533 Acceptances--Bought outright 229 4- 71 4- 37 Held under repurchase agreements Federal Agency obligations--Bought outright 6,072 1 4-2,061 40 - 51 - 540 Held under repurchase agreements U.S. Government securities: 30,446 -5,294 -5,849 Bought outright--Bills - 131 Certificates - Special -- — - Other — — Notes 43,400 +3,681 Bonds Total bought outright 1/2/ 78,9 50 -5,2 94 - 692 Held under repurchase agreements 614 -2,3 44 - 145 Total U.S. Government securities 79,, 564 -7,6 38 - 437 86,, 704 -7,6 57 + 867 Total loans and securities Cash items in process of collection (2,008) 8,, 108 +1 >49 4 - 256 Bank premises 313 — — 4- 58 11 + 3 4- 11 Operating Equipment 3;, 399 + 45 4- 175 Other assets 3_/ TOTAL ASSETS (3,563) 111., 018 -6,, 121 4-1, 243 L I A B I L I T I ES Federal Reserve notes (1,555) 73,895 + 662 4-5,8 24 24,701 -3 ,987 -7,1 21 Deposits: Member bank-reserves account 3,066 -3 ,058 4-3,0 66 U.S. Treasury--general account 355 4- 119 4- 37 Foreign 692 + 98 - 15 Other ^/ 28,814 -6 ,828 -4,, 033 Total deposits Deferred availability cash items (2,008) 5,246 4- 428 - 565 Other liabilities and accrued dividends 1,145 - 2 - 20 TOTAL LIABILITIES (3,563) 109,100 -5 ,740 4"1, : 206 C A P I T AL A C C O U N TS 918 4- 2 4- 27 Capital paid in 897 - - 4- 53 Surplus Other capital accounts 103 - 383 - 43 Contingent liability on acceptances -2,064 purchased for foreign correspondents * Figures in parentheses are the eliminations made in the consolidating process. 1/ Excludes $5,859 million of securities sold, and scheduled to be bought back, "" under matched sale-purchase transactions. 2/ Includes $133 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. NOVEMBER 5, 1975 (Acceptances and securities held under repurchase agreements are classified as v r matu . r _ i _ n , g . . i within 1155 ddaavvss iinn accordance v7 1 t• n : m4-aX,ximum hi«lui ^ o yr r£- Uriolowmo n*t.-c v w « j U.S. Government Federal Agency LLooaannss Accept- securities obligations ances Holdings Weekly Holdings Weekly changes changes OA 1 an -3 509 40 - 89 16 days to 90 days 22 294 13,107 -4,320 235 19 91 days to 1 year 341 23,013 + 239 675 18 30,051 - 48 3,282 Over 1 year to 5 years 5,893 1,284 Over 5 years to 10 years Digitized for FRASER 3,667 -- 596 Over 10 years http://fraser.stlouisfed T .o o r t g a / l 52 976 79,564 -7,638 6,112 - 52 Federal Reserve Bank of St. Louis

H.4.1(b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON NOVEMBER 5, 1975 New Phila- Cleve- Rich- St. Minne- Kansas San Total Boston York delphia land mond Atlanta Chicago Louis apolis Citv 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 1,327 Special Drawing Rights certif. acct. 500 24 124 31 43 45 28 79 20 10 18 19 59 F.R. notes of other banks 1,555 125 296 49 81 150 187 50 25 39 44 86 423 Other cash 384 25 31 11 48 42 50 33 29 16 39 16 44 Loans 52 «*«• 2 2 - - 1 26 5 6 2 3 4 1 Acceptances: Bought outright 747 — 774477 — — -- -- — — -- -- — -- Held under repurchase agreements 229 -- 229 — — — -- — — -- -- — — Federal Agency obligations- Bought outright 6,072 282 1,457 357 480 491 317 915 231 133 248 310 851 Held under repurchase agreements 40 — 40 — — — -- -- — — — — — U.S. Government securities: Bought outright- Bills 30,446 1,415 7,306 1,787 2,406 2,460 1,590 4,587 1,160 665 1,244 1,557 4,269 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 Bonds 5,104 237 1,225 300 403 412 266 769 195 111 209 261 716 Total bought outright 1/2/ 78,950 3,670 18,946 4,636 6,238 6,379 4,122 11,893 3,008 1,724 3,227 4,036 11,071 Held under repurchase agreements 614 614 Total U.S. Government securities 79.564 3,670 19.560 4,636 6,238 6,379 4,122 11,893 3,008 1,724 3,227 4,036 11,071 Total loans and securities 86,704 3,952 22,035 4,995 6,718 6,871 4,465 12,813 3,245 1,859 3,478 4,350 11,923 Cash items in process of collection 10,116 418 1,502 351 553 1,460 834 1,233 530 487 831 649 1,268 Bank premises 313 85 20 49 26 21 14 16 13 33 17 12 7 Operating Equipment 11 — 2 3 — -- — 2 — — 2 2 Other assets 3/ 3,399 91 1,815 126 157 154 137 292 74 47 81 120 305 Interdistrict settlement account -0- - 305 +2.222 - 336 - 97 - 121 - 203 - 150 + 45 + 83 - 212 - 691 - 235 TOTAL 114,581 4,945 31,377 5,947 8,417 9,603 6,123 16,134 4,432 2,780 4,715 4,985 15,123 1/ Excludes $5,859 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. 2/ Includes $133 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 November 5, 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 75,450 3,725 18,881 4,458 6,535 6,918 3,778 12,014 3,183 1,516 2,700 2,868 8,874 Deposits: Member bank reserves 24,701 601 9,457 535 943 1,003 1,399 2,446 655 572 1,044 1,275 4,771 U.S. Treasury--general account 3,066 151 385 435 245 295 181 363 161 173 149 198 330 Foreign 355 11 1/ 141 14 25 16 22 45 10 7 12 16 36 Other 2/ 692 1 589 1 - - 13 31 13 —— 1 2 25 16 Total deposits 28,814 764 10,572 985 1,213 1,327 1,633 2,867 826 753 1,20.7 1,514 5,153 Deferred availability cash items 7,254 334 1,172 353 422 1,169 498 809 322 437 686 447 605 Other liabilities and accured 1.145 48 265 62 80 80 66 148 36 24 41 50 245 dividends TOTA LIABILITIES 112,663 4,871 30,890 5,858 . 8,250 9,494 5,975 15,838 4,367 2,730 4,634 4,879 14,877 CAPITAL ACCOUNTS Capital paid in 918 35 232 42 81 52 72 142 31 24 39 51 117 Surplus 897 35 235 42 78 50 69 138 30 22 37 49 112 Other capital accounts 103 4 20 5 8 7 7 16 4 4 5 6 17 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 114,581 4,945 31,377 5,947 8,417 9,603 6,123 16,134 4,432 2,780 4,715 4,985 15,123 Contingent liability on acceptances purchased for foreign correspondents -- -- FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 78,682 3,909 19,467 4,580 6,745 7,150 4,259 12,208 3,322 1,568 2,874 3,012 9,588 Collateral for F.R. notes: Gold certificate account 11,595 530 3,329 668 888 980 611 1,768 449 205 418 422 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 81.307 3.954 19.803 4,816 6,798 7,260 4,619 13,168 1 ,6?^ - -3^1. .... 9,886 1/ After deducting $214 million participations of Otfyer Federal Reserve Banks. 1_! Includes $12 million of certain deposits of foreign-owned banking institutions held with member banks and rsdeposited in full with Federal Reserve Banks in connection with voluntar yparticipation by nonmember institutions in the Federal Reserve System's program of credit restraint. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis