H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Bank Reserves and '*??B»?-' Condition Statement of F.R. Banks H.4.1 For immediate release October 3, 1980 Averages of daily fig ures Member bank reserves, Week ended Change from week ended Wednesday Reserve Bank credit, October 1, October 1, Sept. 24, October 3, and related items 1980 1980 1 1979 1980 Reserve Bank credit: (In millions of dollars) U.S. Government securities-- Bought outright—System account -1 120,819 4- 720 + 7,209 - 119,509 Held under repurchase agreements 822 4- 822 - 16 2,549 Federal Agency obligations- Bought outright 8,781 _ 1 4- 557 8,779 Held under repurchase agreements 275 4- 275 - 569 946 Acceptances— Bought outright Held under repurchase agreements 227 4- 227 - 619 623 Loans— Total member bank borrowing 1,873 4- 243 + 759 3,264 Includes seasonal borrowing of: 40 4- 10 - 137 56 Other borrowing Float 3,188 -1, 198 _ 2,312 3,973 Other F.R. assets 5,351 4- 36 4- 849 5,641 Total Reserve Bank credit 141,337 +1, 125 4-5,860 145,284 Gold Stock 11,168 - I - 60 11,168 Special Drawing Rights certif. acct. 3,268 -- 4-1,468 3,268 Treasury currency outstanding 13,341 4- 4 + 594 13,341 169,114 +1, 128 + 7,862 173,061 Currency in circulation * 129,167 > 252 4-10,216 129,749 Treasury cash holdings * 470 4- 2 4- 142 470 Treasury deposits with F.R. Banks 4,268 +1, 142 - 657 4,125 Foreign deposits with F.R. Banks 309 + 42 - 43 313 Other deposits with F.R. Banks 421 4- 96 - 379 1,210 Other F.R. liabilities and capital 4.590 4- 49 - 270 4,734 139,225 +1, 079 4-9,009 140,601 Reserves: With Federal Reserve Banks 3/ 29,889 4- 48 _ 1,147 ! 32,461 Currency and coin 12,011 + 380 4-1,057 12,011 Total reserves held 4/ 42,071 + 419 - 65 1 44,643 Required reserves 41,879 4- 281 4- 110 ! 41,879 Excess reserves 4/ 192 4- 138 - 175 2,764 Note: A net of $32 million of surplus reserves were eligible to be carried forward from the week ended September 24, into the week ending October 1. On October 1, 1980, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $84,379 million, an increase of $391 million for the week. 17 Net of $1,744 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which $1,744 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. Government securities. 2/ Net of $3,054 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which $3,054 million was with foreign official and international accounts. Includes $179 million securities loanedfully secured by U.S. Government securities. 3/ Includes reserves of Member Banks and Edge Act Corporations. 4/ Adjusted to include $171 million waivers of penalties for reserve deficien cies 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 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since ••KK WWeeddnneessddaayy October 1. 1980 Sept. 24 r 1980 Qpf. 1, 1Q7Q ASSETS Gold certificate account 11,168 -. 60 Special Drawing Rights certif. acct. 3,268 — + 1,468 Coin 421 — 34 Loans 3,264 - 353 + 2,182 Acceptances- -•- -- — Held under repurchase aggreements 623 + 623 + 623 Federal agency abligations- Bought outright 8,779 3 + 555 Held under repurchase agreements 1 946 + 946 + 946 U.S. government securities: Bought outright-Bills 43,998 -1,204 + 4,621 Notes 58,703 — + 3,192 Bonds 1166,,880088 — + 2,623 Total bought outright 2 111199,,550099 -1,204 +10,436 Held under repurchase agreements 1 2,549 +2,549 + 2,549 Total U.S. government securities 122,058 +1,345 +12,985 Total loans and securities 135,670 +2,558 +17,291 Cash items in process of collection ( 2,615) 10,975 + 257 - 7,571 Bank premises 451 + 2 + 54 Other assets 3 5,190 + 92 + 1,318 TOTAL ASSETS ( 2,615) 167,143 +2,909 +12,466 LIABILITIES Federal Reserve notes 117,298 + 222 + 9,660 Deposits: Reserve Accounts 32,461 + 795 + 1,055 U.S. Treasury—general account 4,125 + 197 + 869 Foreign—official accounts 313 + 12 + 15 Other (1) 1,210 + 924 + 597 Total deposits , w 38,109 +1,928 + 2,536 Deferred availability cash items ( 2,6 14 x ) 7,002 + 455 210 Other liabilities and accrued dividends 4 2,139 + 309 + 242 TOTAL LIABILITIES ( 2,615) 164,548 +2,914 +12,228 CAPITAL ACCOUNTS Capital paid in 1,184 + 1 + 49 Surplus 1,145 -- + 67 Other capital accounts 266 6 + 122 Figures in parentheses are the eliminations made in the consolidating process. Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and inter national accounts, of which $ -0- million was outstanding at the end of the latest statement week. Net of $ 3,054 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 179 million securities loaned—fully secured by U.S. government securities. Includes assets denominated in foreign currencies. Beginning December 29, 1978, such assets are revalued monthly at market exchange rates. Includes exchange-transaction account reflecting, beginning December 29, 1978, the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, October 1, 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 securities Federal agency obligations LLooaannss AAcccceeppttaanncceess Holdings [ Weekly changes Holdings | Weekly changes Within 15 days 3,242 623 5,380 + 892 964 +731 16 days to 90 days 22 -- 21,614 - 326 508 - 18 91 days to 1 year -- -. 30,751 + 479 1,542 +230 Over 1 year to 5 years -- -- 36,336 + 300 4,818 -- Over 5 years to 10 years -- 13,135 _- 1,208 + 59 Over 10 years -- 1144,,884422 — 668855 - 59 Total 3,264 662233 112222,,005588 +1,345 99,,772255 +943 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

HA 1(b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 1, 1980 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,168 577 3,020 560 847 961 465 1,722 465 225 501 572 1,253 Special Drawing Rights certif. acct. 3,268 166 863 157 260 297 102 534 137 55 144 172 381 Coin 421 26 24 18 44 51 46 23 27 15 45 29 73 Loans 3,264 370 1,291 10 74 501 242 181 86 158 60 36 255 Acceptances held under repurchase agreements 623 -- 623 -- -- -- -- — — -- -- -- -- Federal agency obligations: Bought outright 8,779 401 2,282 381 663 721 318 1,380 353 157 411 521 1,191 Held under repurchase agreements 1 946 -- 946 ~ — -- -- -- — -- — — ~ U.S. government securities: Bought outright—Bills 43,998 2,010 11,436 1,911 3,324 3,614 1,594 6,914 1,768 785 2,062 2,611 5,969 Certificates: Special Other -- -_ -- -- -- -- -- -- • - -- -.. -- -- 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 2 119,509 5,460 31,064 5,189 9,029 9,816 4,331 18,779 4,802 2,134 5,600 7,093 16,212 Held under repurchase agreements 1 2,549 -- 2,549 -- — -- -- -- -. -- -- -- -- Total U.S. government securities 122,058 5",460 33,613 5,189 9,029 9,816 4,331 18,779 4,802 2,134 5,600 7,093 16,212 Total loans and securities 1,35,670 6,231 38,755 5,580 9,766 11,038 4,891 20,340 5,241 2,449 6,071 7,650 17,658 Cash items in process of collection 13,590 193 1,095 395 461 2,879 2,553 1,554 631 622 1,375 973 859 Bank premises 451 103 19 53 24 86 35 16 13 28 21 13 40 Other assets 3 5,190 | 172 1,280 291 349 573 335 670 159 117 209 275 760 Interdistrict settlement account -0- 4- 132 +5,341 - 542 + 240 - 492 -1,486 - 565 - 227 - 405 - 146 + 554 -2,404 TOTAL ASSETS 1 169,758 7,600 50,397 6,512 11,991 15,39~ 6,941 24,294 6,446 3,106 8,220 10,238 18,620 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign off icial and international accounts, of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 3,054 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 179 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

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON October 1, 1980 Millions of dollars total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas 1 1 Fra S n a c n is co LIABILITIES Federal Reserve notes 117,298 5,882 33,464 4,818 9,251 10,381 3,306 18,968 4,607 1,683 5,318 6,616 13,004 Deposits: Reserve accounts 1 32,461 1,294 9,207 1,259 1,919 2,167 1,897 3,914 1,210 768 1,561 2,725 4,540 U.S. Treasurer-general account 4,125 -- 4,125 -- -- -- -- -- -- -- -- -- -- Foreign—official accounts 313 8 111 11 22 14 20 39 8 9 12 16 43 Other 1.211 1 1.174 -- 3 22 1 3 1 2 2 1 1 Total deposits 38,110 1,303 14,617 1,270 1,944 2,203 1,918 3,956 1,219 779 1,575 2,742 4,584 Deferred availability cash items 9,616 258 1,004 252 456 2,522 1,315 709 472 530 1,135 617 346 Other liabilities accrued dividends 2 2,139 80 649 75 134 145 213 274 69 34 81 105 280 TOTAL LIABILITIES 167,163 7,523 49,734 6,415 11,785 15,251 6,752 23,907 6,367 3,026 8,109 10,080 18,214 CAPITAL ACCOUNTS Capital paid in 1,184 33 301 44 95 61 90 176 35 38 51 73 187 Surplus 1,145 33 290 • 45 95 58 87 168 35 36 49 67 182 Other capital accounts 266 11 72 8 16 23 12 43 9 6 11 18 37 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 169,758 7,600 50,397 6,512 11,991 15,393 6,941 24,294 6,446 3,106 8,220 10,238 18,620 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 137,355 7,098 37,937 6,810 10,027 11,740 5,357 20,971 5,603 2,349 6,649 7,679 15,135 Less-Held by Banks 20,057 1,216 4,473 1,992 776 1,359 2,051 2,003 996 666 1,331 1,063 2,131 FR notes, net 117,298 5,882 33,464 4,818 9,251 10,381 3,306 18,968 4,607 1,683 5,318 6,616 13,004 Collateral held against F.R. notes outstanding: Gold certificate account 11,168 577 3,020 560 847 961 465 1,722 465 225 501 572 1,253 Special Drawing Rights certif. acct. 3,268 166 863 157 260 297 102 534 137 55 144 172 381 Other Eligible Assets -- -- -- -- -- -- -- -- -- -- -- -- -- U.S. govt, and agency securities 102,862 5,139 29,581 4,101 8,144 9,123 2,739 16,712 4,005 L403 4,673 5,872 11,370 Total collateral 117.2199 3,8g2 _11^M__ 4.818 9,251 10,181 3,306 . 18,Sfifi 4r607 . LvM3 5.318 _M1£ —mm 1 Includes reserves of member banks and Edge Act corporations. 2 Includes exchange translation account reflecting the monthly revaluation at market rates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis