H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Bank Reserves and Condition Statement of F.R. Banks H.4.1 For immediate release April 11, 1980 Averages of dai ly figures Member bank reserves, Week ended Change from week ended Wednesday Reserve Bank credit, April 9, April 2, 1 April 11, April 9, and related items 1980 1980 1 1979 1980 Reserve Bank credit: (In millions of dollars) U.S. Government securities-- Bought outright—System account -{16,987 + 752 +12,757 . -^12,561 Held under repurchase agreements 642 438 + 642 Federal Agency obligations-- Bought outright 8,879 + 668 + 1,415 8,879 Held under repurchase agreements 61 175 + 61 Acceptances— Bought outright Held under repurchase agreements 82 - 105 + 82 -- Loans— Total member bank borrowing 2,386 + 124 + 1,758 1,890 Includes seasonal borrowing of: 154 11 + 35 132 Other borrowing Float 4,223 + 473 - 2,206 5,051 Other F.R. assets 4,890 - 115 - 1,920 Total Reserve Bank credit 138,149 +1,183 +12,589 133,627 Gold Stock 11,172 284 11,172 Special Drawing Rights certif. acct. 2,968 + 1,668 2,968 Treasury currency outstanding 13,186 + 18 + 1,058 13,186 165,475 +1,201 +15,030 160,953 Currency in circulation * 123,817 958 +10,485 124,514 Treasury cash holdings * 575 35 + 189 575 Treasury deposits with F.R. Banks 2,258 47 - 216 1,410 Foreign deposits with F.R. Banks 379 38 + 111 276 Other deposits with F.R. Banks 328 50 - 309 283 Other F.R. liabilities and capital 4,933 111 + 829 4,662 132,291 917 +11,089 131,720 Reserves: With Federal Reserve Banks 3^/ 33,184 284 3,941 29,233 Currency and coin 11,094 328 1,023 11,094 Total reserves held k_l 44,492 + 612 + 5,044 40,541 Required reserves 44,105 + 623 + 4,813 44,105 Excess reserves 4/ 387 11 + 231 • 3,564 Note: A net of $192 million of surplus reserves were eligible to be carried forward from the week ended April 2, into the week ending April 9. On April 9, 1980, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and international Accounts were $75,183 million, a decrease of $1,352 million for the week. 1/ Net of $2,360 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which $1,604 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. Government securities. 2/ Net of $6,963 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which $1,677 million was with foreign official and international accounts. Includes $164 million securities loaned--fully secured by U.S. Government securities. Includes reserves of Member Banks, Edge Act Corporations and U.S. Agencies and Branches of Foreign Banks. 4/ Adjusted to include $214 million waivers of penalities for reserve deficiencies in accordance with Board policy effective November 19, 1975. 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 April 9, Apr il 2, April 11, A S S E TS 1980 1980 1979 Gold certificate account 11,172 -- 262 Special Drawing Rights certif. acct. * 2,968 -- + 1,668 Coin 390 9 + 13 Loans 1,890 218 + 1,414 Acceptances-- Bought 'outright Held under repurchase agreements Federal Agency obligations—Bought outright 8,879 668 + 1,415 Held under repurchase agreements U U.S. Government securities: Bought outright--Bills 40,678 - 1,242 + 5,472 Notes 57,164 + 2,502 14,719 -- + 1,362 Bonds Total bought outright 2/ 112,561 1,242 + 9,336 Held under repurchase agreements JL/ Total U.S. Government securities 112,561 - 1,242 + 9,336 Total loans and securities 123,330 792 +12,165 Cash items in process of collection (2,005) 12,060 + 1,368 - 2,725 Bank premises 431 -- + 36 Other assets \j 4,815 + 142 - 1,312 TOTAL ASSETS (2,005) 155,166 + 709 + 9,583 L I A B I L I T I ES Federal Reserve notes 112,293 967 + 9,585 Deposits: Reserve accounts: Member Banks 28,562 - 136 - 1,481 Edge Act Corporations 360 + 121 + 114 U.S. Agencies & branches of Foreign" Banks 311 + 213 + 311 Total 29,233 + 198 - 1,056 U.S. Treasury--general account 1,410 • - 647 + 545 > Foreign 276 - 49 + 51 Other 283 - 39 - 140 Total deposits 31,202 - 537 - 600 Deferred availability cash items (2,005) 7,009 + 295 + 151 Other liabilities and accrued dividends 4/ 2,113 - 28 + 399 •' TOTAL LIABILITIES (2,005) 152,617 + 697 + 9,535 £ A P £ T A L A C C 0 U N TS Capital paid in 1,160 —.. + 47 Surplus 1,145 -- + 67 Other capital accounts 244 + 12 - 66 Figures in parentheses are the eliminations made in the consolidating process. 1/ Does not include U.S. Government and Federal Agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $-0- million was outstanding at the end of the latest statement week. 2/ Net of $6,963 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $164 million securities loaned-fully secured by U.S. Government securities. 1/ Includes assets denominated in foreign* currencies. Beginning December 29, 1978, such assets are revalued monthly at market exchange rates. 4/ Includes exchange-translation accounts reflecting, beginning December 29, 1978, the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION: OF LOANS AND SECURITIES. APRIL 9, 1980 (Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements.) U.S. Government Federal Agency Loans Accept securities obligations ances Holdings Weekly Holdings Weekly i changes changes' Within 15 days 1,800 3,025 + 876 108 + 46 16 days to 90 days 90 22,644 -2,000 358 - 45 91 days to 1 year 32,699 - 118 1,686 +216 Over 1 year to 5 years 29,131 ... 4,721 +398 Over 5 years to 10 years 11,967 -.. 1,262 + 29 Over 10 years 13,095 — 744 + 24 Total 1,890 112,561 -1,242 8,879 +668 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4el(b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON APRIL 9, 1980 New Phila- Cleve- Rich- St. Minne- Kansas San Total Boston York delnhia land 1 mond Atlanta Chicago Louis apol is Citv Dallas Francisco, (In millions of dollars) A S S E TS Gold certificate account 11,172 992 3,542 829 546 1,193 345 1,361 474 201 618 401 670 Special Drawing Rights certif, acct. 2,968 151 784 143 236 270 93 485 124 50 131 156 345 Coin 390 31 16 16 40 45 35 27 31 14 49 23 63 Loans 1,890 206 173 444 51 73 179 217 89 96 153 187 22 Acceptances: Bought outright — — — — — —" — _. -- -- -" *•"•" Held under repurchase agreeiaents — — — — — -- — — .. — — —"• Federal Agency obligations— Bought outright 8,879 429 2,189 425 713 727 368 1,409 378 197 392 484 1,168 Held under repurchase agreements 1/ — — -« — — — — — — — — — — U.S. Government securities: Bought outright— Bills 40,678 1,967 10,027 1,945 3,268 3,332 1,685 6,455 1,731 904 1,796 2,217 5,351 Certificates -- — — — — — — — — — — — — Notes 57,164 2,765 14 s 090 2,733 4,592 4,682 2,369 9,072 2,432 1 ,271 2,523 3,115 7,520 Bonds 14,719 712 —JLL§?8_ 704 1,183 1,205 610 2,336 626 327 650 801 1,937 Total bought outright 2/ 112,561 5,444 27,745 5,382 9,043 9,219 4,664 17.863 4,789 2 ,502 4,969 6,133 14,808 Held under repurchase agreement* J7 _- -- -„ -- -- — -- — -« -- — — Total U.S. Government securities 112,561 5,444 27,745 57382 9,043 9,219 4,664 17,863 4,789 ~~_ ,502 4,969 6,133 14,808 Total loans and securities 123,330 6,079 30,107 " 6,251 9,807 10,019 5,211 19,489 5,256 2 ,795 5,514 6,804 15,998 Cash items in process of collection 14,065 574 2,651 393 745 2,551 1,778 1,520 583 703 1,094 811 662 Bank premises 431 104 16 54 23 84 32 16 13 28 20 1? 29 Other assets 3/ 4,815 169 1,352 240 348 303 293 650 180 123 194 252 711 Interdistrict settlement acc«uat -0- - 575 +3,150 -1,189 - 419 - 583 - 976 4- 621 - 464 - 660 + 167 .+1JH - 183 TOTAL 157,171 7,525 41,618 6,737 11,326 13,882 6,811 24,169 6,197 3 ,254 7,787 9,570 18,295 1/ Does n«t include U.S. Government and Federal Agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $-0- million was outstanding at the end of the latest statement week. 2/ Net of $6,963 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $164 million securities loaned--fully secured by U.S. Government securities. 3/ Includes assets denominated in foreign currencies. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON April 9, 1980 H.4.1(c) Phila St. Minne Kansas San Total Boston New York delphia Cleveland Richmond Atlanta Chicago Louis apolis City Dallas Francisco (In millions of dollars) L I A B I L I T I ES Federal Reserve notes 112,293 5,859 30,334 5,293 9,018 10,225 3,088 18,731 4,737 1,763 4,957 6,020 12,268 Deposits: . Reserve Accounts— 29,233 1,159 8,168 936 1,359 1,335 2,008 3,917 816 819 1,539 2,587 4,590 U.S. Treasury—general account 1,410 1 291 7 56 80 130 167 33 79 95 80 391 Foreign —official accounts 276 8 86 10 21 13 19 37 8 8 11 15 40 Other 283 246 1 23 1 3 1 2 2 1 3 Total deposits 31,202 1,168 8,791 953 1,437 1,451 2,158 4,124 858 908 1,647 2,683 5,024 Deferred availability cash items 9,014 315 1,433 273 491 1,887 1,256 594 429 452 976 595 313 Other liabilities and accrued dividends 2/ 2,113 106 410 120 174 178 122 347 92 51 97 119 297 TOTAL LIABILITIES 154,622 7,448 40,968 6,639 11,120 13,741 6,624 23,796 6,116 3,174 7,677 9,417 17,902 CAPITAL ACCOUNTS Capital paid in 1,160 33 295 43 94 61 89 169 35 37 50 70 184 Surplus 1,145 33 290 45 95 58 87 168 35 36 49 67 182 Other capital accounts 244 11 65 10 17 22 11 36 11 7 11 16 27 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 157,171 7,525 41,*18 6,737 11,326 13,882 6,811 24,169 . 6,197 3,254 7,787 9,570 18,295 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 129,212 6,701 34,344 6,593 9,742 11,090 5,111 20,293 5,347 2,488 6,111 6,825 14,567 Collateral for F.R. notes: Gold certificate account 11,172 992 3,542 829 546 1,193 345 1,361 474 201 618 401 670 Special Drawing Rights certif. acct. 2,968 i51 784 143 236 270 93 485 124 50 131 156 345 Eligible paper 946 56 90 210 51 48 29 67 58 50 107 168 12 U.S. Government and Agency Securities 114,126 5,502 29,928 5,411 8,909 9,579 4,644 18,380 4,691 2,187 5,255 6,100 13,540 Total collateral 129,212 6,701 34,344 6,593 9,742 11,090 5,111 20,293 5,347 2,488 6,111 6,825 14,567 \J Includes reserves of Member Banks, Edge Act Corporations and U.S. Agencies and Branches of Foreign Banks. 2/ Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis