H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Bank Reserves and "••f^LRtS^- Condition Statement of F.R. Banks H.4.1 For immediate release August 8, 1980 Averages of daily figures Member bank reserves, Week ended Change from week ended Wednesday Reserve Bank credit, August 6, July 30, August 8, August 6, and related items 1980 1980 1979 1980 Reserve Bank credit: (In millions of dollars) U.S. Government securities-- 2/ Bought outright--System account -1 116,951 -2, 703 + 6 ,943 p' 109,332 Held under repurchase agreements 988 + 758 + 891 "• Special Certificates Federal Agency oblications-- Bought outright 8,873 M + 630 8,873 Held under repurchase agreements 333 + 286 + 309 •" Acceptances-- Bought outright Held under repurchase agreements 242 + 193 + 169 Loans— Total member bank borrowing 828 + 199 + 66 464 Includes seasonal borrowing of: 7 — - 169 6 Other borrowing Float 4,151 + 842 - 1 ,063 6,563 Other F.R. assets 5,762 + 95 + 352 5,916 Total Reserve Bank credit 138,129 327 + 8 ,298 131,148 Gold Stock 11,172 — - 114 11,172 Special Drawing Rights certif. acct. 3,118 -- + 1 ,318 3,118 Treasury currency outstanding 13,305 + 4 + 817 13,309 165,723 - 324 +10, 318 | 158,747 Currency in circulation * 128,301 + 641 +10, 339 129,152 Treasury cash holdings * 505 + 7 + 240 505 Treasury deposits with F.R. Banks 2,652 - 554 - 67 2,762 Foreign deposits with F.R. Banks 312 - 12 + 6 285 Other deposits with F.R. Banks 586 - 207 - 91 588 Other F.R. liabilities and capital 4,567 + 15 + 378 4,260 136,923 - 109 +10 ,804 137,552 Reserves: With Federal Reserve Banks 3/ 28,800 214 486 21,195 Currency and coin 10 729 11,542 Total reserves held 4/ 40,524 - 224 + 268 32,919 Required reserves ~~ 39,444 - 740 - 671 39,444 Excess raserves 4/ 1,080 + 516 + 939 6,525 Note: A net of $81 million of surplus reserves were eligible to be carried forward from the week ended July 30, into the week ending August 6. On August 6, 1980, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $84,350 million, an increase of $2,104 million for the week. 1/ Net of $4,462 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which $2 848 million was 5 with foreign official and international accounts. Includes securities loaned—fully secured by U.S. Government securities. 2/ Net of $12,081 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which $3,498 million was with foreign official and international accounts. Includes $223 million securities loaned—fully secured by U.S. Government securities. 1/ Includes reserves of Member Banks and Edge Act Corporations. 4/ Adjusted to include $182 million waivers of penalties 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.Ha> CONSOIJDATED STATEMENT OF CONDITION OF-ALL FKIMJRAL RESERVE BANKS (In millions of dollars) Wednesday J!^:^ A ne e_ August 6, July 30, August 8, ASSETS! 1980 1980 1979 Gold certificate account 11,172 — ~ £8- Special Drawing Rights cerCif. acct. * 3,118 -- + 1,318 Coin 400 + 9 Loans 464 -2, 156 - 423 Acceptances-- Bought outright Held under repurchase agreements Federal Agency obligations—Bought outright 8,873 + 630 Held under repurchase agreements 1/ U.S. Government securities: Bought outright--Bills 35,055 -10,245 - 1,770 Notes 58,174 + 3,119 Bonds 16,103 + 2,404 Total bought outright %! 109,332 -10,245 + 3,753 Held under repurchase agreements 1/ 109,332 -10,245 + 3,753 Total U.S. Government securities 118, 669 -12, 401 + 3 ,960 Total loans and securities Cash items in process of collection (2,479) 13, 013 +3 ,090 - 278 Bank premises 447 + 2 + 48 Other assets 3/ 5 ,469 - 9 + „ 416 TOTAL ASSETS (2,479) 152,288 -9,309 + 5^376 L I A B I L I T I ES Federal Reserve notes 116,748 + 932 +.9,969 Deposits: Reserve accounts: Member Banks 20,882 -10,301 - 5,370 Edge Act Corporations 313 - 150 + 3 Total 21,195 -10,451 - 5,367 U.S. Treasury—general account 2,762 - 311 + 264 .Foreign — official accounts 285 - 16 + 27 Other 588 + 173 + 254 Total deposits 24,830 -10,605 - 4,822 Deferred availability cash items (2,479) 6,450 + 552 + 241 Other liabilities and accrued dividends f*J M82 - 198 - 129 TOTAL LIABILITIES (2,479) 149,710 -9,319 + 5,259 ii A P JE T A L ACCOUNTS. Capital paid in 1,176 + 1 + 46 Surplus 1,145 .— + 67 Other capital accounts 257 + 9 4- 4 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 $12,081 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $223 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, SECURITT.ES AUGUST 6, 1980 % (Acceptances and securities held under repurchase agreements are classified ae maturing within 15 days in accordance with maximum utaturity of the agreementa U.S. Gove.i"ninent Federal Agency Loans Accept secur1 ties oMlp.at.tons ances Holdings Weekly Holdings Tweokfv changes blL^Of!:. Within 15 days 461 5,700 + 2 ,388 -0- -83 16 days to 90 days 3 12,619 -12, 842 825 +64 91 days to 1 year 29,379 - 268 1,330 +20 Over 1 year to 5 years 33,895 + 477 4,770 +46 Over 5 years to 1.0 years 13,601 — 1,204 -47 Over 10 years 14,138 — 774444 — """Trtal••" " ""•' 464 109,332 -10, 245 88,,887733 — 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 AUGUST 6, 1980 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) A S S E TS Gold certificate account 11,172 947 3,324 350 727 961 865 852 765 235 901 442 803 Special Drawing Rights certif. acct. 3,118 159 823 151 248 283 98 509 131 52 137 164 363 Coin 400 22 17 18 42 49 43 24 36 15 47 27 60 Loans 464 13 1 245 1 1 11 153 16 13 9 — 1 Acceptances: Bought outright — -- -" -• ~** ~~ "" **"• "" "~ "" ,,.. "" Held under repurchase agreements -_ -- "" "" ."" ~" -" *""* "" •~ *"" **" **~ Federal Agency obligations— Bought outright 8,873 405 2,306 385 670 729 322 1,394 357 158 416 527 1,204 Held under repurchase agreements 1/ — — — ~ -- -- — — -- -- — — — U.S. Government securities: Bought outright— Bills 35,055 1,602 9,112 1,522 2,648 2,879 1,270 5,509 1,408 627 1,642 2,081 4,755 Certificates — — — — — — — — — — — — Notes 58,174 2,658 15,121 2,526 4,395 4,778 2,108 9,141 2,338 1, 039 2,726 3,452 7,892 Bonds 16,103 735 4,186 699 1,217 1,323 584 2,530 647 287 755 956 2,184 Total bought outright 27 109,332 4,995 28,419 4,747 8,260 8,980 3,962 17,180 4,393 1 ,953 5,123 6,489 14,831 Held under repurchase agreements 1/ — — — -- — — — — — — — .. Total U.S. Government securities 109,332 4,995 28,419 4,747 8,260 8,980 3,962 17,180 4,393 T, 953 5,123 6,489 14,831 Total loans and securities 118,669 5,413 30,726 5,377 8,931 9,710 4,295 18,727 4,766 2 ,124 5,548 7,016 16,036 Cash items in process of collection 15,492 440 2,674 492 911 2,361 1,802 1,705 1,238 857 1,321 950 741 Bank premises 447 104 18 53 24 85 34 17 13 28 21 13 37 Other assets 3/ 5,469 201 1,404 240 448 363 315 782 203 128 241 307 837 Interdistrict settlement account -0- - 517 +3,563 - 353 - 323 + 307 - 870 + 372 - 984 - 435 - 406 + 458 - 812 TOTAL 154,767 6,769 42,549 6,328 11,008 14,119 6,582 22,988 6,168 3 ,004 7,810 9,377 18,065 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. 27 Net of $12,081 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $223 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 August 6, 1980 H.4.1(c) Phila Minne Kansas San St. Total Boston New York delphia Cleveland Richmond Atlanta Chicago apolis City Dallas Francisco Louis (In millions of dollars) L I A B I L I T I ES Federal Reserve notes 116,748 5,941 32,889 5,149 9,220 10,362 3,263 18,977 4,677 1,713 5,268 6,399 12,890 Deposits: Reserve Accounts \J 21,195 ; 422 4,305 731 1,043 1,254 1,807 2,700 680 672 1,265 2,123 4,193 U.S. Treasury—general account 2,762 2,762 Foreign --Official Accounts 285 9 67 11 24 15 22 43 9 9 13 17 46 Other 588 548 1 21 1 2 9 2 2 1 1 Total deposits 24,830 431 7,682 742 1,068 1,290 1,830 2,745 698 683 1,280 2,141 4,240 Deferred availability cash items 8,929 248 880 266 395 2,195 1,221 634 652 498 1,078 587 275 Other liabilities and accrued dividends 2/ 1,682 72 440 72 119 131 81 248 62 31 74 94 258 TOTAL LIABILITIES 152,189 6,692 41,891 6,229 10,802 13,978 6,395 22,604 6,089 2,925 7,700 9,221 17,663 CAPITAL ACCOUNTS Capital paid in 1,176 33 298 44 95 61 90 174 35 38 50 72 186 Surplus 1,145 33 290 45 95 58 87 168 35 36 49 • 67 182 Other capital accounts 257 11 70 10 16 22 10 42 9 5 11 17 34 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 154,767 6,769 42,549 6,328 11,008 14,119 ^ 6,582 22,988 6,168 3,004 7,810 9,377 18,065 " FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 129,121 6,473 34,797 5,149 9,879 10,913 5,212 19,873 5,651 2,394 6,553 7,364 14,863 Collateral for F.R. notes: Gold certificate account 11,172 947 3,324 350 727 961 865 852 765 235 901 442 803 Special Drawing Rights certif. acct. 3,118 159 823 151 248 283 98 509 131 52 137 164 363 Eligible paper 28 1 1 1 16 3 6 U.S. Govt, and Agency Securities 114,803 5,367 30,649 4,648 8,903 9,668 4,249 18,512 4,739 2,104 5,509 6,758 13,697 Total collateral 129,121 6,473 34,797 5,149 9,879 10,913 5,212 19,873 5,651 2,394 6,553 7,364 14,863 jL/ Includes reserves of Member Banks* and Edge Act Corporations. 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