H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks 8.4a For immediate release July 30, 1981 Averages of daily figurey Reserve* of Depository Institution*, Week ended ( Chang* from week efide< Wednesday R an e d s e r rv e e la t B e a d n k It c e r a e e d it, J 1 u 9 ly 81 1 2 9, IMyU 19 , 8 1 I Ju 1 ly 9 8 3 0 6, Ju 1 l 9 y 8 1 2 * 9t Reserve Bank credit; 1/ (In million* of Wdotlll ars) U.S. Government securities** Bought outright—Sy*t«m account 121,604 + 260 1,950 120,873 Hold under repurchase agreement* 1,216 1,329 986 1,676 Federal Agency obligstlon*-- Bought outright 8,694 179 B,694 Hold under rapurehaaa agreement* 173 528 126 557 Acceptances— Bought outright Held under repurchase agreements 154 299 105 296 Loan*— To depoeitory inatltutiont 1,978 248 1.348 1,916 Includes eeaeonai borrowing ofj 258 14 250 255 rioat 3,462 232 + 106 3,060 Other F.R. asset* 83 + 4.479 10.695 Total Reserve Bank credit 147,426 1,501 + 8,922 147,767 Gold Stock 11,154 * 18 11,154 Special Drawing Right* certify acct. 3,068 • 50 3,068 Treasury currency outstanding ,.1^594 + 293 13t599 175,242 - 1,497 + 9,147 175,588 Currency in circulation ** 137,728 683 + 10,068 138,146 Treasury c«*h holdInge ** 461 2 37 465 Treaeury dapoaite with F.R. Banka 3,063 43 143 3,193 Foreign deposit* with F.R. Banke 262 11 42 211 Other dapoaite with F.R. Banke 531 41 262 1,010 Other F.R. liabilities and capital 6,001 977 + 1.449 5,686 148,066 + 280 + 11,034 148,711 Reserve balances with F.R* Banke V 27,177 - 1,775 - 1,885 26,877 Total wault cash (estimated) 16,878 + 2,142 H/A 18,878 a) Vault cash at institutions with required reserve helencae 12,940 + 1,529 •I- 2,736 12,940 b) Vault csfth equal to required reatrvts at other institutions 1,351 93 N/A 1,351 c) Surplus vault caeh at other institution* 4/ 4,587 520 N/A 4,587 Reserve be la aces + total vault cash 5/ 46,103 356 N/A 45,803 Reserve balances + total vault cash used to eatlafv reserve requirement* £/6/ 41,516 164 715 41,216 Required reserves (e*ti*mt*d) 40,895 455 403 40,895 R*e**s ******* ha lancet at F.R. Banka yjJ 621 •I- 291 312 321 • On July 29, 1981, marketable U.S. Government securities held in custody by the Federal Raaarve Banka for foreign official and interna* tional account* were $95,116 million, an increase of $205 Million for the weak* .- Xj Hat el $3,636 million, daily average» matched eale-purchaae ~" transactions outstanding during the latest statement week, of which a net of $3,636 million wa* with foreign official and international accounts. Include* securities loaned-—fully secured by U.S. Government securities. It Net of $4,367 million Hatched sale-purchase transactions outstanding ~ at the and of the latest statement week, of which a net of $4,367 million was with foreign official and international accounts. Includes $274 million securities loaned—fully secured by U.S. Government securities. 3/ Includes raaarvs balances of all depository institutions. 4/ Total vault cash at Institutions without required reserve balances ~ lass vault cash equal to their required reserves. 5/ Adjusted to include $48 nil lion waivers of penalties for reserve ~" deficiencies in accordance with Board policy effective November 19, 1975. bj Reserve balance* with Federal Reserve Banks plus vault cash at lnat-.-i tutiocs with required reserve balances plus vault cash equal to required reserve* at other imtitucior*. 7/ Reserve balances with Federal Reserve Banks plus vault cash used to ~~ satisfy reserve requireaiente less required reserve*. (This measure of excess reserve* is comparable to the old excess reserve concept published historically*) Digitized for FRASER Vault cash and required reeecvee are partially estimated. http://fraser.stlouisfed.org/ * Setimated (Cleveland District). Federal Reserve Bank of St. Louis

HAUrt CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since ## WWeeddnneessddaayy JJuullyy 2299,, 11998811 July 22, 1981 July 30, 1980 ASSETS ! Gold certificate account 11,154 Special Drawing Rights certif, acct 3,068 Coin Loans 367 + 2 1,916 3,314 Acceptances- Held under repurchase agreements 1 i i i i 18 50 24 704 Federal agency abligations- 296 325 296 Bought outright Held under repurchase agreements I 8,694 179 U.S. government securities: 557 747 + 557 Bought outright-Bills Notes 43,473 785 1,827 Bonds 59,609 + 1,435 Total bought outright 2 ^17,791 To H ta e l l d V S un . g d o e v r e r r e n p m u e rc n h t a s s e e c u ag ri r ti e e e s m ents 1 T -• 2B U$ # 7 7 6 T _ ,348 + + " 1 1 1 . , 9 6 6 2 7 8 W 6 8 Total loans and securities Ifr£549 3,133 + 2,972 C B a a s n h k i p te re m m s is i e n s p rocess of collection ( 8,856J 1^ 8 4 , , 5 0 5 1 6 2 " 1 7 , , 3 5 7 1 5 9 Other assets 3 479 2 TOTAL ASSETS ( 8,856) ,10,216 432 .167,852 8,462 LIABILITIES Federal Reserve notea Dcpoaita: Depository Institutions U.S, Treasury-ijeneral account Foreign—official accounts Other Total deports Deferred availability cash items Other liabilities and accrued dividends * TOTAL LIABILITIES CAPITAL ACCOUNTS Capital paid in Surplus Other capital accounts + 1 + + 2,"942" 1,367 34 4,738 + 6,255 • 125,379 2Q4 9,563 26,877 3,193 4,769 + 120 211 <6,025 ) 90 - Mio (6,025 ) + 595 (2,831 ) - 31,291 4,144 5,496 402 !< 8,856) - 2.885 1>005 165,051 ?..48.8 + 6,022 1 1 , , 2 2 5 0 0 3 + 2 + 75 348 + 24 + + 1 5 0 8 0 4 Include,«chaoge-tran*l«tlo„ account r e f l e c t ? ! X S i^ " fA et «**«*8e rate. exchange commitment*. 8 the *>n£hly revaluation at a » L .\ wtes of foreign ** B.tlaated (Cleveland District). «<*«mge MATURITY DISTRIBUTION OF LOANS AND SECURITIES, July 29 IQRT AAccc^etpatnanccees* aanndd sseeccuurriittiie*s* hh«elwd •,u««r«.^ ,—T. ^.„^» . . . °» JU1T *»> 1»81 of the agreements, * "*** *"•"»«* •» d « *d as maturing within 15 days in accorrW* uu _ *a«y$ m accordance with maximum maturity t Within 15 days Federal agency ohliqatmns 18 days to 90 days 91 days to 1 year 788 Over 1 year to 5 years 92 Over 5 years to 10 years 71 Over 10 years 20 Total Digitized for FRASER 147 http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 <b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON July 29, 1981 Millions of dollars _______^_________ Total Boston New York Philadelphia Cleveland j r Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n is co ASSETS Gold certificate account 11,154 817 3,163 531 805 947 436 1,571 450 189 534 628 1,083 Special Drawing Rights certif. acct. 3,068 153 879 130 234 266 91 480 119 45 142 178 351 Coin 367 20 20 10 49 44 47 13 24 15 32 29 64 Loans 1,916 38 96 124 138 423 55 292 90 122 257 96 185 Acceptances held under repurchase agreements 296 -- 296 -~- "" "~ "~ -- -- -- — — — Federal agency obligations: Bought outright 8,694 370 2,531 311 631 694 276 1,328 322 130 398 544 1,159 Held under repurchase agreements ' 557 — 557 — -- — -- -- — -- — — U.S. government securities: Bought outright-Bills 43,473 1,851 12,655 1,556 3,155 3,471 1,382 6,637 1,611 650 1,988 2,720 5,797 Notes 59,609 2,537 17,354 2,133 4,328 4,759 1,894 9,100 2,210 892 2,726 3,729 7,947 Bonds 17,791 757 5,180 637 1,292 1,420 565 2,716 659 266 814 1,113 2,372 Total bought outright 2 120,873 5,145 35,189 4,326 8,775 9,650 3,841 18,453 4,480 1,808 5,528 7,562 16,116 Hefd under repurchase agreements 1 1.676 -- 1,676 -- -- — "" -- -- — -- — -- Total U.S. government securities 122,549 5,145 36,865 4,326 8,775 9,650 3,841 18,453 4,480 1,808 5,528 7,562 16,116 Total loans and securities 134,012 5,553 40,345 4,761 9,544 10,767 4,172 20,073 4,892 2,060 6,183 8,202 17,460 Cash items in process of collection 17,412 525 2,900 460 717 2,517 1,319 2,496 781 894 1,665 1,849 1,289 BBaannkk pprreemmiisseess 479 99 21 52 25 95 36 17 14 27 22 15 56 OOtthheerr aasssseettss 33 10,216 301 2,499 350 689 561 658 1,314 288 246 399 1,543 1,368 Interdistrict settlement account — 1 -0- + 20 - 220 - 305 - 853 - 102 -591 - 1,907 - 538 - 460 46,323 - 219 - 1,148 TOTAL ASSETS 176,708 7,488 49,607 5,989 11,210 15,095 6,168 24,057 6,030 3,016 15,300 12,225 20,523 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 $ 4,367 million matched sale-purchase transactions outstanding at the end of the latest statemen tweek. Includes $ 274 million securities toaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. * Estimated (Cleveland District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (c) STATEMENT OF CONDtTION OF EACH FEDERAL RESERVE BANK ON July 29, 1981 Millions of dollars T Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Fecier*) Reserve notes 125,379 6,363 37,851 4,933 8,974 11,379 2,763 19,312 4,705 1,487 6,110 7,728 13,774 Deposits: Depository Institutions 26,877 697 6,358 659 1,493 1,189 2,057 3,425 708 869 1,276 2,362 5,784 U.S. Treasury -general account 3,193 3,193 O Fo th T r e o H r t g a n l - d o e f p f o ir s ia it t s accounts 37 7 , , 3 0 2 1 3 1 6 5 1 704 7 9,9 3 5 8 1 4 5 8 66 1 9 0 1,51 2 4 1 1,22 1 1 0 8 3 2,07 1 9 3 9 3,46 3 5 8 2 722 8 6 878 8 1 6 7 . , 6 9 1 0 1 7 4 1 2,38 1 0 6 2 5,82 4 7 2 1 , Deferred availability cash items 8,327 245 866 203 343 2,160 1,002 529 434 516 1,059 802 168 Oth d e iv r i d li e a n b d il s it ie 1 s &n& accrued 2,885 97 211 80 _ 165 185 129 346 84 36 103 1,137 312 TOTAL LIABILITIES 173,907 7,409 48,882 5,885 10,996 14,944 5,973 23,652 5,945 2,917 15,176 12,047 20,081 O S C u t a h r p p e i l t r u a c s l a p p a C i i t d A a l P i n a IT cc A o L u n A ts C COUNTS 1 1 , , 2 2 3 0 5 4 3 0 8 3 3 1 3 3 3 3 3 1 0 0 1 6 2 7 4 4 1 7 6 1 2 9 9 3 5 6 2 6 6 5 4 2 9 1 9 0 2 3 1 1 4 7 8 8 7 0 3 3 1 6 7 2 4 1 3 7 4 8 5 5 1 5 2 7 8 2 7 0 4 4 2 1 4 0 9 7 1 4 TO A T C A C L O L U I N A T B S IL ITIES AND CAPITAL 176,708 7,488 49,607 5,989 11,210 15,095 6,168 24,057 6,030 3,016 15,300 12,225 20,523 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 146,989 7,582 41,983 7,283 9,959 12,577 5,535 20,892 5,634 2,124 7,390 9,860 16,170 F L . e R s . s - N H o e t ld e s b , y N F e . t R. Banks 1 2 2 1 5 , ,3 6 7 1 9 0 6 1 , . 3 2 6 1 3 9 3 4 7 . , 1 8 3 5 2 1 4 2 , . 9 3 3 5 3 0 8,9 9 7 8 4 5 11 1. , 1 3 9 7 8 9 2 2 , . 7 7 6 7 3 2 19 1. , 5 3 8 1 0 2 4,7 9 0 2 5 9 1,4 6 8 3 7 7 6 1 , .2 1 8 1 0 0 2 7 . , 1 7 3 2 2 8 1 2 3 . , 3 7 9 7 6 4 Collateral held against F.R. notes: S G p o e l c d i a c l e D rt r if a i w ca in te g a R c i c g o h u ts n t c ertif. acct. 1 3 1 , , 0 1 6 5 8 4 I 8 15 1 3 7 3,1 8 6 7 3 9 5 1 3 3 1 0 2 8 3 0 4 5 2 9 6 4 6 7 4 9 3 1 6 1, 4 57 8 1 0 4 11 5 9 0 1 4 8 5 9 5 1 3 4 4 2 6 1 2 7 8 8 1,0 3 8 5 3 1 U O .S t T h . o e g ta r o l v c e t, o l a l i l n g a d t i e b a ra g le l e nc a y s s se e c ts u rities 1 I 1 1 1 2 1 5 . .3 1 7 5 9 7 1 6 5 . , 3 3 6 9 3 3 3 3 7 3 , , e 8 $ 0 l 9 4 4 . , 9 2 3 7 3 2 3 7 . . 9 9 7 3 4 5 1 1 1 0 . . 3 1 7 6 9 6 Z 2 . . 7 2 6 3 3 6 1 1 7 9 . , 2 3 6 1 1 2 4 4 . , 1 7 3 0 6 5 1 1, , 4 2 8 5 7 3 6 5 . . 1 4 1 3 . 4 0 6 7. . 7 9 ? 2 f 2 t 1 ^^ 2 ^ , i^ 3 ^L 4 0 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commi * Estimated (Cleveland District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis