H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Bank Reserves and -.f*zn&e: Condition Statement of F.R. Banks H.4.1 For immediate release August 29, 1980 Averages of daily figures Member bank reserves, Week ended Change from week ended Wednesday Reserve Bank credit, August 27, August 20, August 29, August 27, and related items 1980 1980 1979 1980 Reserve Bank credit: (In millions of dollars) U.S. Government securities-- Bought outright--System account -1 119,744 - 910 + 7,777 2/ -' 118,690 Held under repurchase agreements — — 920 -~ Federal Agency obligations-- Bought outright 8,873 __ + 630 8,873 Held under repurchase agreements — -- - 514 -- Acceptances-- Bought outright —— Held under repurchase agreements — - 429 — Loans-- Total member bank borrowing 700 + 356 - 417 2,572 Includes seasonal borrowing of: 10 + 4 - 176 12 Other borrowing Float 5,469 . 627 + 1,251 4,720 Other F.R. assets 4,934 - 61 + 459 5,165 Total Reserve Bank credit 139,721 -1, 241 + 7,837 140,020 Gold Stock 11,171 - 1 88 11,171 Special Drawing Rights certif. acct. 3,268 — + 1,468 3,268 Treasury currency outstanding 13,313 + 2 + 749 13,313 167,473 1, 239 + 9,966 167,772 Currency in circulation 128,917 «. 186 +10,866 129,301 Treasury cash holdings 483 + 4 + 218 485 Treasury deposits with F.R. Banks 3,840 + 210 + 854 3,749 Foreign deposits with F.R. Banks 289 - 26 + 12 199 Other daposits with F.R. Banks 408 - 17 199 382 Other F.R. liabilities and capital 4,472 - 12 384 4,367 138,409 - 27 +11,368 138,483 Reserves: With Federal Reserve Banks 3/ 29,066 -1, 211 - 1,401 29,290 Currency and coin 11,135 + 661 + 651 11,135 Total reserves held 4./ 40,382 - 550 - 726 40,606 Requ £ r ed reserves 40,293 - 304 445 40,293 Excess reserves 4/ 89 - 246 281 313 Note: A net oi $105 million of surplus reserves were eligible to be carried forward from the week ended August 20, into the week ending August 27. On August 27, 1980, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $84,408 million, an increase of $1,898 million for the week. 1/ Net of $2,862 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which $2,862 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S, Government securities. 2/ Net of $3,910 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which $3,910 million was with foreign official and international accounts. Includes $178 million securities loaned--fully secured by^U.S. Government securities. 3/ Includes reserves of Member Banks and Edge Act Corporations. 4/ 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

H.4.1(«0 COh'SOfJDATI-D STA1 I:M liNT OF CON'DTTION .JV ALL FEDERAL RE'oERVT: BANKS (In millions of dollars) Wednesday Cha1 3110.. i noe_ A^g, 27, Aug 20, "Aug. "297 A S S K T _S 1980 1980 1979 r.n\i\ certificate account 11,171 88 Special Drawing Rights certif. acct. * 3,268 + 1,468 Coin 402 5 35 Loans 2,572 +1 ,751 + 1,653 Acceptances-- Bought outright Held under repurchase agreements 699 Federal Agency obligations—Bought outright 8,873 +. 631 Held under repurchase agreements 1/ - 757 U.S. Government securities: Bought outright—Bills 43,179 -2,010 - 119 Notes 58,703 + 3,058 Bonds 16,808 + 2,723 Total bought outright U 118,690 -2,010 + 5,662 Held under repurchase agreements 1/ - 2,107 Total U,S, Government securities 118,690 -2,010 + 3^555 X°t_gj. 1 .oans and s ecy r i ties 130,135 - 259 + 4,383 Cash items in process of collection (2,556) 10,629 -2.969 - 1,075 Bank premises 449 + 3 + 49 Other assets 3/ 4J16 + 277 + 536 TOTAL ASSETS (2,556) 160,770 -2,953 + 5,238 i l A B I L I I I ES Federal Reserve notes 116,874 + 155 +10,047 Deposits: Reserve accounts: Member Banks 28,782 -3,958 - 4,776 Edge Act Corporations 508 + 141 -1 258 Total 29,290 -3,817 4,518 U.S. Treasury--general account 3,749 +1,258 + 573 Fore.-gu «.- official accounts 199 - ?C 109 Other (347) 382 + 5 + 91 Total deposits (347) 33,620 -2,580 - 3,963 Deferred availability cash items (2,209) 5,909 - 2; 2 220 Other liabilities and accrued dividends 4/ 1,803 - 256 - 176 TOTAL LIABILITIES .(2,556) 158,206 -2,953 + 5,688 C A P I T AL A C C O U N TS Capital paid in 1,180 + 3 + 49 Surplus 1,145 — + 67 Other capital accounts 239 3 - 566 * Figures, in parentheses are the eliminations made in the consolidating process. JL/ 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 $3,9:0 million matched sale-purchase transactions outstanding -Jt the end of the latest statement week. Includes $178 million securities loaned— fully recured 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 LOAMS AED SECURITIES, AUGUST 27. 1980 (Acceptances and securities held under repurchase agreements are classifis as maturing within 15 daVs in accordance wlth maximum maturity of the _ag; mentis - •U.S. Government Federal Age acy Loane Accept securities obligati ances Holdings Weekly Holdings charier Within 1.5 days 2,571 2,365 - 381 287 +80 16 days to 90 days 1 21,876 - 771 606 -U 91 days to 1 year 30,435 - 858 1,250 »80 Over 1 year to 5 years 36,03/ 4,802 +32 Over 5 years to 10 years 13,135 1,184 -21 Over 10 years 14,842 zz 744 — "Total ' 2,572 118-690 -2,010 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 27, 1980 New Phila- Cleve- Rich- St. Minne- Kansas San Total Boston York delnhia land 1 mond Atlanta Chicago Louis apolis Citv Dallas Francisco (In millions of dollars) A S S E TS 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 55 144 172 381 Coin 402 23 18 18 41 52 43 24 29 16 48 29 61 Loans 2,572 134 1,166 190 104 247 28 323 44 99 14 93 130 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 43,179 1,973 11,223 1,875 3,262 3,547 1,564 6,785 1,735 771 2,024 2,562 5,858 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 2/ 118,690 5,423 30,851 5,153 8,967 9,749 4,301 18,650 4,769 2,120 5,562 7,044 16,101 Held under repurchase agreements 1/ — — — — — — — — — — — -- Total U.S. Government securities 118,690 5,423 30,851 5,153 8,967 9,749 4,301 18,650 4,769 2,120 5,562 7,044 16,101 Total loans and securities 130,135 5,962 34,323 5,728 9,741 10,725 4,651 20,367 5,170 2,377 5,992 7,664 17,435 Cash items in process of collection 13,185 526 1,732 396 664 2,128 1,677 1,477 541 1,163 1,227 1,001 653 Bank premises 449 104 18 53 24 86 35 16 13 28 21 13 38 Other assets 3/ 4,716 156 1,382 188 318 277 262 639 143 108 194 246 803 Interdistrict settlement account -0- -1,000 +4,814 •1*425 + 446 - 469 - 759 + 176 - 666 - 712 - 333 + 469 - 541 TOTAL 163,326 7,334 45,673 6,165 12,071 14,307 6,776 24,285 6,032 3,220 7,994 9,936 19,533 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 $3,910 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $178 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 27, 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 116,874 5,908 33,077 4,973 9,213 10,382 3,282 18,968 4,607 1,699 5,292 6,484 12,989 Deposits: Reserve Accounts 1/ 29,290 1,028 6,403 785 2,104 1,592 2,211 4,071 887 926 1,482 2,213 5,588 U.S. Treasury—general account 3,749 3,749 Foreign—Official Accounts 199 6 51 8 16 10 15 29 6 6 9 12 31 Other 729 1 355 1 13 1 3 4 2 348 1 Total deposits 33,967 1,035 10,558 793 2,121 1,615 2,227 4,103 893 936 1,493 2,573 5,620 Deferred availability cash items 8,118 238 912 224 403 2,030 992 563 385 474 1,015 619 263 Other liabilities and accrued dividends 2/ 1.803 78 474 78 129 141 87 268 68 32 84 104 260 TOTAL LIABILITIES 160,762 7,259 45,021 6,068 11,866 14,168 6,588 23,902 5,953 3,141 7,884 9,780 19,132 CAPITAL ACCOUNTS Capital paid in 1,180 33 300 44 95 61 90 176 35 38 50 72 186 Surplus 1,145 1 33 290 45 95 58 87 168 35 36 49 67 182 Other capital accounts 239 9 62 8 15 20 11 39 9 5 11 17 33 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 163,326 7,334 45,673 6,165 12,071 14,307 6,776 24,285 6,032 3,220 7,994 9,936 19,533 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 134,749 7,097 36,173 6,457 9,901 11,687 5,366 20,875 5,653 2,389 6,598 7,547 15,006 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 certif. acct. 3,268 166 863 157 260 297 102 534 137 55 144 172 381 Eligible paper 879 51 512 .*» 104 162 14 5 9 4 5 3 10 U.S. Govt, and Agency Securities 119,431 5,483 32,275 5,250 8,960 10,017 4,485 19,284 4,842 2,145 5,748 7,030 13,912 Total collateral 134,749 7,097 36,173 6,457 9,901 11,687 5,366 20,875 5,653 2,389 6,598 7,547 15,006 1/ 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