H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Bank Reserves and .f^TSt*? Condition Statement of F.R. Banks H.4.1 Eor immediate release August 15, 1980 Averages of daily figures Member bank reserves, Week ended Change from week ended Wednesday Reserve Bank credit, August 13, Augus t 6, August 15, August 13, and related items 1980 1980 1979 1980 Reserve Bank credit: (In millions of dollars5 U.S. Government securities-- ,2/ Bought outright--System account -1 117,604 + 653 + 7,242 -• 114,815 Held under repurchase agreements - 988 - 467 Federal Agency obligations-- Bought outright 8,873 + 630 8,873 Held under repurchase agreements - 333 123 Acceptances-- Bought outright Held under repurchase agreements - 242 411 Loans- Total member bank borrowing 390 - 438 - 633 921 Includes seasonal borrowing of: 6 - 1 163 6 Other borrowing Float 5,359 + 1 ,290 + 118 5,783 Other F.R. assets 5,831 + 69 + 557 5,908 Total Reserve Bank credit 138,056 + 9 + 6,912 136,300 Gold Stock 11,172 — 87 11,172 Special Drawing Rights certif. acct. 3,161 + 43 + 1,361 3,268 Treasury currency outstanding 13,309 + 4 + 808 13,309 165,698 + 57 + 8,994 164,049 Currency in circulation 129,184 + 868 +10,672 129,612 Treasury cash holdings 490 - 1 f- 223 ^0 Treasury deposits with F.R. Banks 3,339 + 687 4- 332 3,473 Foreign deposits with F.R. Banks 300 - 12 + 6 237 Other deposits with F.R. Banks 538 - 48 70 398 Other F.R. liabilities r,nd capital 4,404 - 163 + 17 4,255 138,255 + 1 ,332 +11,230 138,46:5 Reserve?;: With Federal Reserve Banks 3/ 27,443 -1 ,275 - 2,237 25,584 Currency and coin 11,748 + 206 + 860 11,748 Total reserves held 4/ 39,372 -1 ,070 - 1,355 o y ,51 3 Required reserves 38,996 » 448 - 1,432 ys, V96 Excess reserves 4/ 376 - 622 + 77 • 1 ,433 N;of:e: A net of $157 million of surplus reserves were eligible to be carried forward from the week ended August 6, into the week ending Augu-t 13, On August 13, 1980, marketable U.S. Government securities held in custody by the Federal Reserve Banks lor foreign official and internaclonal accounts were $84,949 million, an increase of $599 n.illion for the week. [/ Net of $3,810 million, daily average, marched sale-purchase transactions outstanding during the latest statement week, of which $'3,345 million was with foreign official and international accounts. Includes securi t it. s loaned--fully secured by IT. P. Government securities. 2/ Nut of $6,599 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which $3,344 million was wiv:h foreign official and international accounts. Includes $153 million securities loaned-~ful ly secured by U.S. Government: securities. 3/ Includes reserves of Member Banks ana Edge Act Corporations. 4/ Ad justed to include $181 million waivers of penalties for reserv edefi ciencies 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. l(iO CONSOLIDATED STATEMENT OK CONDITION OF ALL FKDF.RAL RESERVE BANKS (In millions of dollars) Wednesday Chan sit Aug. 13, Aug. 6, Aug. 15, A S S E TS 1980 1980 1979 Gold certificate account 11,172 -- 87 Special Drawing Rights certif. accts. * 3,268 + 150 + 1,468 Coin 412 + 12 13 Loans 921 + 457 - 1,786 Acceptances-- Bought outright Held under repurchase agreements Federal Agency obligations—Bought outright. 8,873 630 Held under repurchase agreements jy U.S. Government securities: ~ Bought outright—Bills 40,538 + 5,483 + 467 Notes 58,174 + 2,529 Bonds 16,103 + 2,018 Total bought outright 2/ 114,815 + 5,483 + 5,014 Held under repurchase agreements 1/ Total U.S. Government securities 114,815 + 5,483 + 5,014 Total loans and securities 124,609 + 5,940 + 3,858 Cash items in process of collection (2,068) 11,992 - 1,021 - 1,932 Bank premises 446 1 + 46 Other assets \j 5,462 7 + 1,402 TOTAL ASSETS (2,068) 157,361 + 5,073 + 4,742 Federal Reserve notes 117,205 + ' 457 +10,199 Deposits: Reserve accounts: Member Banks 25,232 + 4,350 - 3,612 Edge Act Corporations 352 + 3£ - 29 M U.S. Agencies & Branches of Foreign Banks Total 25,584 + 4,389 - 3,641 Special deposits—Credit Restraint Program U.S. Treasury--general 'account 3,473 + 711 - 332 Foreign -- official account 237 48 75 Other 398 190 + 105 Total deposits 29, 692 + 4,862 - 3 ,943 Deferred availability cash items (2,068) 6 ,209 241 - 1, 259 Other liabilities and accrued dividends UJ 1 695 + 13 - 173 TOTAL LIABILITIES • (2,068) 154,801 + 5,091 + 4,824 C A P I T AL A £ C 0 U N T£ Capital paid in 1,176 + 46 Surplus 1,145 + 67 Other capital accounts 239 18 195 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. y Net of $6,599 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $153 million securities loaned — fully secured by U.S. Government securities. y Includes assets denominated in foreign currencies. Beginning December 29, 1978, such 4/ assets are revalued monthly at market exchange rates. 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 SFXURTTIES. AUGUST 1 ^ 1 Q«n (Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordancc with maximum maturity of the agreements.) U.S. Government Federal Agency Loans Accept securities obiipotions ances Holdings (Weekly Holdings Weekly (changes | changes Within 15 days 918 6,097 + 397 111 +111 16 days to 90 days 3 19,022 +6,403 714 -111 91 days to 1 year 28,062 -1,317 1,330 Over 1 year to 5 years 33,895 4,770 Over 5 years to 10 years 13,601 1,204 Over 10 years 14,138 744 Total 921 114,815 +5,483 8,873. 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 13, 1980 New Phila- Cleve- Rich- St. Minne- Kansas San Total Boston York delphia land J mond Atlanta Chicago Louis apolis City Dallas Francisco (In millions of dollars) A S S E TS Gold certificate account 11,172 1,397 2,524 1,050 577 1,211 765 1,052 665 185 701 342 703 Special Drawing Rights certif. acct. 3,268 166 863 157 260 297 102 534 137 55 144 172 381 Coin 412 23 18 18 42 50 44 24 38 17 48 29 61 Loans 921 20 440 205 -- 1 6 4 -- 13 31 -- 201 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 40,538 1,853 10,537 1,760 3,062 3,330 1,469 6,370 1,628 725 1,899 2,406 5,499 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 2/ 114,815 5,246 29,844 4,985 8,674 9,431 4,161 18,041 4,ol3 2 ,051 5,380 6,814 15,575 Held under repurchase agreements 1/ — — — — — — — — — — — -- — Total U.S. Government securities 114,815 5,246 29,844 4,985 8,674 9,431 4,161 18,041 4,613 2 ,051 5,380 6,814 15,575 Total loans and securities 124,609 5,671 32,590 5,575 9,344 10,161 4,489 19,439 4,970 2 ,222 5,827 7,341 16,980 Cash items in process of collection 14,060 427 1,759 325 836 2,830 1,495 1,385 526 i-i ,428 1,285 983 781 Bank premises 446 104 18 53 24 85 34 16 13 28 21 13 37 Other assets 3/ 5,462 205 1,504 221 403 368 299 774 191 130 238 309 820 Interdistrict settlement account -0- - 993 4-6,600 -1,303 + 270 - 857 - 708 + 481 - 586 -1, 048 - 249 + 261 -1,868 TOTAL 159,429 7,000 45,876 6,096 11,756 14,145 6,520 23,705 5,954 3 ,017 8,015 9,450 17,895 \J 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 $6,599 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $153 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 13, 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 ^ 117,205 5,968 32,986 5,124 9,289 10,374 3,218 19,080 4,687 1,724 5,289 6,446 13,020 Deposits: Reserve Accounts _1/ 25,584 620 7,035 570 1,728 1,411 1,942 3,403 725 671 1,458 2,114 3,907 U.S. Treasury—general account 3,473 3,473 Foreign - official accounts 237 9 19 11 24 15 22 43 9 9 13 17 46 Other 398 370 1 16 -- 2 3 2 1. 3 Total deposits 29,692 629 10,897 581 1,753 1,442 1,964 3,448 734 683 1,473 2,132 3,956 Deferred availability cash items 8,277 255 887 225 388 2,058 1,067 543 390 501 1,068 620 275 Other liabilities and accrued dividends 2/ 1,695 73 455 69 120 131 84 253 64 31 75 96 244 TOTAL LIABILITIES 156,869 6,925 45,225 5,999 11,550 14,005 6,333 23,324 5,875 2,939 7,905 9,294 17,495 CAPITAL ACCOUNTS Capital paid in 1,176 1 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 239 9 63 8 16 21 10 39 9 4 11 17 32 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 159,429 7,000 45,876 6,096 11,756 14,145 6,520 23,705 5,954 3,017 8,015 9,450 L7,«y5 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 132,977 7,121 34,887 6,517 9,889 11,610 5,183 20,821 5,691 2,388 6,561 7,395 14,914 Collateral for F.R. notes: Gold certificate account 11,172 1,397 2,524 1,050 577 1,211 765 1,052 665 185 701 342 703 Special Drawing Rights certif. acct. 3,268 166 863 157 260 297 102 534 137 55 144 172 381 Eligible paper 249 — 208 — „- 1 6 -- -- 3 31 — -- U.S. Govt, and Agency Securities 118,288 5,558 31,292 5,310 9,052 10.101 4.310 19.235 4.889 2a45___ 5M5 6,981 i;j,ti3Q Total collateral 132,977 7,121 34,887 6,517 9,889 11,610 5,183 20,821 5,691 2,388 6,561 7,395 J4,914 \J 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