H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Bank fteserves and ••^s?? Condition Statement of F.R, Banks H.4.1 For immediate release April 18, 1980 Averages of daily figures Member bank reserves, Week ended Change from week ended Wednesday Reserve Bank credit, April 16, April 9, I April 18, April 16, and related items 1980 1980 1 1979 1980 Reserve Bank credit: (In millions of dollars) U.S. Government securities-- 1/ 12/ Bought outright—System account 117,688 + 701 +12,040 117,015 Held under repurchase agreements -- - 642 — — Federal Agency obligations— Bought outright 8,877 . 2 + 1,413 8,877 Held under repurchase agreements -- - 61 -~ -- Acceptances-- Bought outright Held under repurchase agreements — - 82 — -- Loans-- Total member bank borrowing 2,276 . 110 + 1,327 3,579 Includes seasonal borrowing of: 140 - 14 + 12 135 Other borrowing Float 3,944 - 137 . 3,450 4,639 Other F.R. assets 5,144 + 254 - 1,767 5,281 Total Reserve Bank credit 137,928 - 79 + 9,562 139,391 Gold Stock 11,172 — - 246 11,172 Special Drawing Rights certif. acct. 2,968 -- + 1,668 2,968 Treasury currency outstanding 13,209 + 23 + 1,042 13,218 165,278 - 55 +12,028 166,749 Currency in circulation * 124,110 + 293 +10,134 124,421 Treasury cash holdings * 580 + 5 + 186 580 Treasury deposits with F.R. Banks 1,256 -1, 002 - 816 3,164 Foreign deposits with F.R. Banks 323 - 56 -- 342 Other deposits with F.R. Banks 5/ 447 + 119 - 231 494 Other F.R. liabilities and capital 4,907 - 26 + 605 4,848 131,623 - 668 + 9,877 133,849 Reserves: With Federal Reserve Banks V 33,654 + 612 + 2,150 32,900 Currency and coin 11,039 - 55 + 1,389 i 11,039 Total reserves held 4/ 44,902 + 552 + 3,614 | 44,148 Required reserves 44,615 + 464 + 3,485 j 44,615 Excess reserves 4/ 287 + 88 + 129 467 Note: A net of $156 million of surplus reserves were eligible to be carried forward from the week ended April 9, into the week ending April 16. On April 16, 1980, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $73,191 million, a decrease of $1,992 million for the week. V Net of $2,664 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which $1,984 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. Government securities. 2/ Net of $3,760 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which $1,760 million was with foreign official and international accounts. Includes $117 million securities loaned--fully secured by U.S. Government securities. 2/ Includes reserves of Member Banks, Edge Act Corporations and U.S. Agencies and Branches of Foreign Banks. y Adjusted to include $209 million waivers of penalities for reserve deficiencies in accordance with Board policy effective November 19, 1975. 5/ Includes special deposits under the credit restraint program of $92 million, daily average, held by Money Market Mutual Funds and other financial intermediaries. Estimated (Treasury's Figures). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.Ua> CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS (In millions of doll ars") Wednesday | Change April 16, April 9, April 18, ASSETS 1980 1980 1222 Gold certificate account 11,172 — 246 Special Drawing Rights certif. acct. * 2,968 — + 1,668 Coin 386 4 + 5 Loans 3,579 +1,689 + 408 Acceptances-- Bought outright Held under repurchase agreements Federal Agency obligations—Bought outright 8,877 2 + 1,413 Held under repurchase agreements 1/ U.S. Government securities: Bought outright—Bills 44,525 +3,847 + 8,079 Certificates Notes 57,707 543 + 3,045 Bonds 14,783 64 + 1,426 Total bought outright 2/ 117,015 +4,454 +12,550 Held under repurchase agreements \j Total U.S. Government securities 117,015 +4,454 +12,550 Total loans and securities 129,471 +6 ,141 +14,371 Cash items in process of collection (2,891) 12,521 + 461 - 3,792 Bank premises 432 + 1 + 35 Other assets \j 4,849 + 34 - 1,772 TOTAL ASSETS (2,891) 161,799 +6 ,633 +10,269 k I AB I L X T I E S Federal Reserve notes 112,169 124 + 9,393 Deposits: Reserve accounts: Member Banks 32,311 +3,749 + 1,990 Edge Act Corporations 409 + 49 + 101 U.S. Agencies & Branches of Foreign Banks 180 - 131 + 180 Total 32,900 +3,667 + 2,271 Special deposits—Credit Restraint Program 216 + 216 + 216 U.S. Treasury--general account 3,164 +1,754 - 1,704 Foreign -- official accounts 342 + 66 + 90 Other 278 5 96 Total deposits 36,900 +5,698 + 777 Deferred availability cash items (2,891) 7,882 + 873 - 385 2,288 + 175 + 596 Other liabilities and accrued dividends —' 159,239 +6,622 +10,381 TOTAL LIABILITIES (2,891) C A P I T AL A C C O U N TS Capital paid in 1,160 ... + 47 Surplus 1,145 ... + 67 Other capital accounts 255 + 11 - 226 * 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 $3,760 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $117 million securities loaned— fully secured by U.S. Government securities. 3/ Includes assets denominated in foreign currencies. Beginning December 29, 1978, such assets are revalued monthly at market exchange rates. 4/ Includes exchange-translation account reflecting, beginning December 29, 1978, the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION' OF LOANS AND SECURITIES. APRIL 16, 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 changes changes Within 15 days 3,525 3,160 + 135 94 -14 16 days to 90 days 54 26,057 +3,413 371 +13 91 days to 1 year 33,106 + 407 1,646 -40 Over 1 year to 5 years 29,504 + 373 4,760 +39 Over 5 years to 10 years 12,029 + 62 1,262 Oveir 10 years 13,159 + 64 744 Total 3,579 117,015 +4,454 8,877 - 2 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1(b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON APRIL 16, 1980 New Fhila- CIeve- Rich St. Minne- Kansas San Total Boston York delphia land 1 mond^ Atlanta Chicago Louis apolis City Dallas Francisco (In millions of dollars) ASSETS 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 386 29 15 16 39 44 36 26 31 14 49 22 65 Loans 3,579 116 1,504 505 29 62 120 655 36 94 107 325 26 Acceptances: Bought outright — — — — — — — — — -- — -- -«. Held under repurchase agreements -- — — — — -- — -- — -- -- — -- Federal Agency obligations— Bought outright 8,877 429 2,188 424 713 727 368 1,409 378 197 392 484 1,168 Held under repurchase agreements 1/ — -- — — — — — — — — — — U.S. Government securities: Bought outright— Bills 44,525 2,154 10,975 2,129 3,577 3,647 1,845 7,066 1,894 989 1,965 2,427 5,857 Certificates -- — -- — — — — -- — ~ — -- — Notes 57,707 2,791 14,224 2,759 4,636 4,726 2,391 9,158 2,456 1 ,283 2,547 3,144 7,592 Bonds 14,783 715 3,644 707 1,187 1.211 612 2,346 629 329 653 805 1,945 Total bought outright %} 117,015 5,660 28,843 5,595 9,400 9,584 4,848 18,570 4,979 2 ,601 5,165 6,376 15,394 Held under repurchase agreements 1/ -- -- -- -- -- -- -- — -- -- -- -- -- Total U.S. Government securities 117,015 5,660 28,843 5.595 9,400 9.584 4,848 18,570 4,979 2 ,601 5,165 6,376 15,394 Total loans and securities 129,471 6,205 32,535 6,524 10,142 10,373 5,336 20,634 5,393 2 ,892 5,664 7,185 16,588 Cash items in process of collection 15,412 600 1,876 607 1,031 2,975 1,957 1,811 816 681 1,355 1,001 702 Bank premises 432 104 16 54 23 84 33 16 13 28 20 12 29 Other assets 3/ 4,849 185 1,390 273 345 304 296 652 157 122 197 249 <>'79 Interdistrict settlement account -0- - 920 +4,586 -1,801 - 571 - 493 - 975 8 - 559 - 843 + 73 + 707 + 804 TOTAL 164,690 7,346 44,744 6,645 11,791 14,750 7,121 24,977 6,449 3 ,145 8,107 9,733 19,882 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 $3,760 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $117 million securities loaned—fully secured by U.S. Government securities. 3/ Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON April 16, 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 112,169 5,845 30,470 5,225 8,930 10,126 3,184 18,613 4,689 1,762 4,982 6,025 12,318 Deposits: +, Reserve Accounts— 32,900 917 8,272 773 1,876 1,610 2,164 4,775 980 699 1,738 2,736 6,360 U.S. Treasury—general account 3,164 3,164 Foreign —official accounts 342 7 153 10 21 13 19 37 8 8 11 15 40 Other 2/ 494 31 299 32 5 48 1 9 11 11 22 1 24 Total deposits 36,900 955 11,888 815 1,902 1,671 2,184 4,821 999 718 1,771 2,752 6,424 Deferred availability cash items 10,773 359 1,260 350 570 2,628 1,432 809 588 532 1,145 678 422 Other liabilities and accrued dividends 3/ 2,288 110 477 156 182 183 133 358 93 53 99 125 319 TOTAL LIABILITIES 162,130 7,269 44,095 6,546 11,584 14,608 6,933 24,601 6,369 3,065 7,997 9,580 19,483 CAPITAL ACCOUNTS 1 Capital paid in j 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 255 11 64 11 18 23 12 39 10 7 11 16 33 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 164,690 7,346 44,744 6,645 11,791 14,750 7,121 24,977 6,449 3,145 8,107 9,733 19,882 1 FEDERAIs RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 129,606 6,757 34,263 6,615 9,733 11,138 5,360 20,260 5,325 2,476 6,122 6,893 14,664 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. 2,968 151 784 143 236 270 93 485 124 50 131 156 345 Eligible paper 777 98 4 202 29 42 87 69 20 50 93 59 24 U. S. Gov't, and Agency securities 114,689 5,516 29,933 5,441 8,922 9,633 4,835 18,345 4,707 2,175 5,280 6,277 13,625 Total collateral 129,606 6,757 34,263 6.615 9,733 11,138 5,360 20,260 5,325 2,476 6,122 6,893 14,664 1/ Includes reserves of Member Banks, Edge Act Corporations and U.S. Agencies and Branches of Foreign Banks, 2/ Includes special deposits under the credit restraint program held by Money Market Mutual Funds and other financial intermediaries. 1/ 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