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 August 22, 1980 Averages of daily figures Member bank reserves, Week ended Change from week ended Wednesday Reserve Bank credit, August 20, August 13, 1 August 22, August 20, and related items 1980 1980 1 1979 1980 Reserve Bank credit: (In millions of dollars) U.S. Government securities-- Bought outright—System account -1 120,654 +3,050 + 9,208 -7120,700 Held under repurchase agreements — -- 948 -- Federal Agency obligations-- Bought outright 8,873 __ + 630 8,873 Held under repurchase agreements -- -- - 486 -- Acceptances— __ __ -- Bought outright Held under repurchase agreements — -- - 572 -- Loans-- Total member bank borrowing 344 - 46 - 1,042 821 Includes seasonal borrowing of: 6 -- 168 6 Other borrowing Float 6,154 + 767 + 1,336 7,417 Other F.R. assets 4,995 - 836 + 468 4,885 Total Reserve Bank credit 141,020 +2,936 + 8,593 142,696 Gold Stock 11,172 -- 87 11,171 Special Drawing Rights certif. acct. 3,268 + 107 + 1,468 3,268 Treasury currency outstanding 13,311 + 2 + 760 13,313 168,770 +3,044 +10,734 170,448 Currency in circulation 129,092 - 92 +10,730 129,136 Treasury cash holdings 490 -- + 224 490 Treasury deposits with F.R. Banks 3,630 + 291 + 447 2,491 Foreign deposits with F.R. Banks 315 + 15 + 22 225 Other deposits with F.R. Banks 425 - 113 137 377 Other F.R. liabilities and capital 4,484 + 80 - 234 4,623 138,436 + 181 +11,052 137,342 Reserves: With Federal Reserve Banks 3/ 30,335 +2,864 318 33,107 Currency and coin 10,474 -1,274 + 628 10,474 Total reserves held 4/ 40,990 +1,590 + 333 43,762 Required reserves 40,597 +1,286 46 40,597 Excess reserves 4/ 393 + 304 + 379 3,165 Note: A net of $1 million of deficit reserves were eligible to be carried forward from the week ended August 13, into the week ending August 20. On August 20, 1980, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $82,510 million, a decrease of $2,439 million for the week. 1/ Net of $1,930 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $1,930 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. Government securities. 2/ Net of $1,947 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $1,947 million was with foreign official and international accounts. Includes $191 million securities loaned--fully secured by U.S. Government securities. 3/ Includes reserves of Member Banks and Edge Act Corporations. 4Y Adjusted to include $181 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

U.4.K.0 CONSOr.fDA.TKD STATEMENT 0!' CONDITION OF ALE FEDERAL RESERVE BANKS (Iu millions of dollars') Wednesday Change since August 20, Aug. 15, Aug. 22, ASS T S 1980 1980 1979 Co Id certificate account 11,171 1 88 Sp t.ci.il Drawing Rights certif. acct. * 3,268 -- 4- 1,468 Co in 407 5 22 U .ins 821 - 100 688 Ac cepTances-- Bought outright Held under repurchase agreements 8,873 630 FV leral Agency obligations—Bought outright Held under repurchase agreements V U S. Government securities: 45,189 44,651 4- 3,697 Bought outright—Bills 58,703 + 529 4- 3,058 Notes 16,808 4- 705 4- 2,723 Bonds Total bought outright V 120,700 4-5,885 4- 9,478 Held under repurchase agreements 1/ Total U.S. Government securities 120,700 4-5,885 4- 9 ,478 Total loans r.nd securities 130,394 4-5,785 4- 9, 420 Cash items in process of collection (2,117) 13,598 4-1,606 4- 648 Bank premises 446 -- 4- 46 Other assets £_/ 4,439 -1,023 4- 365 TOTAL ASSETS (2,117) 163,723 4-6,362 4-11, 837 111 AB I LI T i ll Federal Reserve notes 116,719 - 486 4-10,159 Deposits: Reserve accounts: Member Banks 32,740 4-7,508 4- 2,047 Edp.o. Act Corporations 367 + 15 + 92 U.S. Agencies & Branches of Foreign Banks Total 33,107 4-7,523 4- 2,139 Special deposits — Credit Restraint Program U.S. Treasury--general account 2,491 - 982 - 360 Foreign -- official accounts 225 12 - 37 Other 377 21 4- 118 Total deposits 36,200 4-6,508 4- 1 ,860 Deferred availability cash items (2,117) 6,181 28 - 88 Other liabilities and accrued dividends 47 2,059 4- 364 4- 172 TOTAL LIABILITIES (2,117) T6l7l59 4-6,358 4-12,103 C A P I T AL A C C O U N T S. Capital paid in 1,177 4- 1 4- 47 Surplus 1,145 __ 4- 67 Other capital accounts 242 4- 3 - 380 * Figures in parentheses are the eliminations made in the consolidating process, 1/ Does not include U.S. Government and Federal Agen cy securities resold under matched sale-purchase transactions to foreign fficial and international accounts, of which $-0- million was outstanding at the end of the latest statement week. 2_/ Net of $1,947 million matched sale-purchase transa ctions outstanding at the end of the latest statement week. Includes $19 1 million securities loaned— fully secured by U.S. Government securities. 37 Includes assets denominated in foreign currencies Beginning December 29, 1978, such assets are revalued monthly at market exch.a nge rates. 4/ Includes exchange-translation account reflecting, beginning December 29, 1978, the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DT STRI BUT ION' __0F LOANS AND SECURITIES, AUGUST 20, 1980 (Acceptances and securities held under repurchase agreements are classified as maturing withiIi 15 days in accordance with maximum maturity of the agreements U.S. Government Federal Agency Loan 8 Accept securities obligacio nr: _ ances Holdings Weekly Holdings jWeck'i changes Jchani;' Within 15 days 820 2,746 -3,351 207 496 16 days to 90 days 1 22,647 4-3,625 617 -97 91 days to 1 year 31,293 4-3,231 1,330 Over 1 year to 5 years 36,037 4-2,142 4,770 Over 5 years Lo 10 years 13,135 - 466 1,205 4- 1 Over 10 years 14,842 4- 704 744 Total : 821 120.700 +S «as fl «7^ Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1(b) '.MEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON AUGUST 20, 1980 ———————— New Phila- Cleve- Rich- St. Minne- Kansas San Total Boston York delphia land 1 mond Atlanta Chicago Louis apolis City Dallas Francisco (In millions of dollars) K b_ 7 E T S_ Gold certificate account 11,171 1,397 2,523 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 L72 381 Coin 407 23 18 19 42 52 -5 24 ?9 16 47 30 62 Loans 821 42 2 321 16 49 53 57 iy 2 14 -- 246 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 1,214 Held under repurchase agreements JV -- -- -- -" -- -- -- -- -- -- -- -- -- U.S. Government securities: Bought outright— Bills 45,189 2,064 11,746 1,962 3,414 3,712 1,637 7,101 1,816 807 2,118 2,682 6,130 Certificates — -- — -- — — -- — -- •-- — -- -- Notes 58,703 2,682 15,259 2,548 4,435 4,822 2,128 9,224 2,359 1, 048 2,751 3,484 7,963 Bonds 16,808 768 4,369 730 1,270 1,380 609 2,641 675 301 787 998 2,280 Total bought outright 27 120,700 5,514 31,374 5,240 9,119 9,914 4,374 18,966 4,850 2 ,156 5,656 7,164 16,373 Held under repurchase agreements }J . — -- -- -- -,.. — -- — -- -- -- -- — Total U.S. Government securities 120,700 5,514 31,374 5,240 9,119 9,914 4,374 18,966 4/85CT 2 7156 5,656 7,164 16,373 Total loans and securities 130,394 5,961 33,682 5,946 9,805 10,692 4,749 20,417 5,226 2 ,316 6,086 7,691 17,823 Cash items in process of collection 15,715 604 2,871 514 1,259 2,370 1,694 1,767 642 971 1,266 910 847 Bank premises 446 104 18 53 24 •86 35 16 13 27 21 13 36 Other assets 3/ 4,439 164 1,248 177 318 279 301 603 141 107 189 250 662 Interdistrict settlement account -0- - 995 +5,861 -1,634 + 126 - 690 -1,196 - 517 - 610 - 274 - 189 jH 882 - 764 TOTAL 165,840 7,424 47,084 6,282 12,411 14,297 6,495 23,896 6,243 3 ,403 8,265 10,290 19,750 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 ci" Cl»947 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $193 million securities loaned--fully secured by U.S. Government securities. 3/ Includes assecs 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 20, 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 116,719 5,944 33,024 5,046 9,255 10,295 3,064 19,094 4,647 1,708 5,277 6,435 12,930 Deposits: Reserve Accounts 1/ 33,107 1,043 9,194 807 2,141 1,516 2,153 3,479 1,050 1,106 1,762 3,001 5,855 U.S. Treasury—general account 2,491 2,491 Foreign--Official Accounts 225 9 7 11 24 15 22 43 9 9 13 17 46 Other 377 1 346 1 15 1 4 4 2 1 2 Total deposits 36,200 1,053 12,038 818 2,166 1,546 2,176 3,526 1,059 1,119 1,777 3,019 5,903 Deferred availability cash items 8,298 272 885 241 435 2,173 976 618 388 463 1,019 575 253 Other liabilities and accrued dividends 2/ 2.059 80 484 80 350 143 92 276 70 34 82 105 263 TOTAL LIABILITIES 163,276 7,349 46,431 6,185 12,206 14,157 6,308 23,514 6,164 3,324 8,155 10,134 19,349 CAPITAL ACCOUNTS Capital paid in 1,177 33 298 44 95 61 90 175 35 38 50 72 186 Surplus 1,145 33 290 45 95 58 87 168 35 36 49 67 182 Other capital accounts 242 9 65 8 15 21 10 39 9 5 11 17 33 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 165,840 7,424 47,084 6,282 12,411 14,297 6,495 23,896 6,243 3,403 8,265 10,290 19,750 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 134,415 7,136 36,134 6,502 9,899 11,631 5,129 20,952 5,700 2,383 6,595 7,409 14,945 Collateral for F.R. notes: Gold certificate account 11,171 1,397 2,523 1,050 577 1,211 765 1,052 665 185 701 342 703 Special Drawing Rights csrtif. acct. 3,268 166 8G3 157 260 297 102 534 137 55 144 172 381 Eligible paper 152 40 2 1 16 12 20 1 19 2 14 -- 25 U.S. Govt, and Agency Securities 119.824 5.533 32.746 5,294 9,046 10,111 4,242 19,365 4,879 2,141 5,736 6,895 13,836 Total collateral 134,415 7,136 36,134 6,502 9,899 11,631 5,129 20,952 5,700 2,383 6,595 7,409 14,945 \J Includes reserves of Member Banks and Edge Act Corporations. 2/ Includes exchange translation account reflecting the monthly revaluation atmarket exchange rates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis