H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and ':$^5»?-' Condition Statement of F.R. Banks H.4.1 For turned 1st* release August 7^ 1981 Averages of d sily figures Reserves of Depository Institutions, Week ended Change from week mnded Uadnesday Reserve Bank credit, August 5, July 29, ^August 5, Augyrt 5, and related Items 1981* 1981 1980 1981* Reserve Bank credit: x/ (In millfcm* erf doll •Til 2/ U.S. Government securities- Bought outright—System account 121,682 + 78 + 4,731 122.692 Held undar repurchase agreements 1,343 + 127 > 3-55 *, Federal Agency obllgationa— « Bought outright 8,694 179 8,694 Held under repurchase agreements 247 * 74 * 86 ~~ Acceptances— Bought outright m.» Raid undar repurchase agreement* 303 4, 149 + 61 Loans**" - To depository institutions 1,118 860 + 291 1,804 Includes seasonal borrowing of: 227 - 31 + 219 209 , . Float 2,737 430 1,258 5,162 Other F.R. assets 9f650 Z*. 611 t-, 3,888 ^10,119 Total Reserve Bank credit 114455,,777744 • 1,472 • 7,802 , 148,471 Gold Stock 1111,,115544 .. • 18 11,154 Special Drawing Rights cartif. acct. 3,068 .. » 50 3,068 Treasury currency outstanding 13T600 ±~ 6 ±- 257 13,604 173,596 - 1,466 + 7,991 176,297 Currency in circulation ** 133,009 + 277 * 9,655 138,848 Treasury cash holdings ** 449 - 8 - 41 448 Treasury depoaits with F.R. Banke 2,961 - 102 + 309 2,936 Foreign deposits with F.R. Bsnks 276 - 12 - 42 205 Other deposits with F.R. Banks 602, + 71 4- 16 794 Other F.R. liabilities and capital JJ62 - JL239 + 195 _4,415 147,053 - 1,013 * 10,092 147,646 Reserve balances with F.R. Bsnks 3/ 26,543 - 454 • 2,100 28,651 Total vault cash (estimated) "" 18,688 - 190 N/A 18,688 a) Vault cash at institutions with--required reserve balances 12,84? - 52 + 2,628 12,848 b) Vault caah equal to required reserves st other Institutions 1,323 - 28 N/A 1,323 c) Surplus vsult cssh at other - Institutions 4/ 4,517 70 N/A 4,517 Reserve balances + total vault cash 5/ 45,287 "• 644 N/A 47,395 Reserve bslances + total vault cash ~ used to satisfy reserve requirements 3/65// 40,770 574 +• 401 42,878 Required reserves (estimated) J 40,392 - 503 + 633 40,392 Excess reserve balancaa at F.R. Banke 5/7/ f 37S " 71 - 232 2,486 On Auguat 5, 1981, marketable U.S. ^overoaent securities held in custody by the Federal Reserve Banks for foreign official and interna tional accounts ware $94,020 million, a decrease of $lfQ9S million for the week. 1/ Net of $3,558 million, daily average, matched sal*~purcha*« ~ tranaactiona outstanding during the lateat statement week, of which a net of $3,558 million was with foreign official and international accounts. Includes securities loaned **~fully secured by U.S. Government aecuritlee. 2/ Net of $2,547 million matched sale-purchase tranaactiona outstendl&g ~* at the end of the latest statement week, of which a net of $2,547 million waa with foreign official and interactional accounte* Includes $243 million securities loaned—lully secured by U.S. Government securities. 3/ Includes reserve balances of all depository institutions* 4/ Total vault caah at inatitutiona without required"reserve balances leaa vault cash equal to their required reserves* 5/ Adjusted to include $56 million waivers of penalties for reserve deficiencies in accordance with Board policy effective November 19, 1975. 6/ Reserve balances with Federal Reserve Bank® plus vault cash at ~" institutions with required reserve balance* plus vault cash equal to required reserves at other institutions. TJ Reserve balances with Federal Reserve Banks plus vault cash used to aatlafy reaerve requirements lesa required reserves. (This measure of excess reserves is comparable to the old excess reserve concept published historically.) Vault caah «od required reserves are partially eatimated. * Estlasted (Richmond and Dallas Districts). ** Eatimated (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 ••** WWeeddnneessddaayy **** August 5, 1981 July 29, 1981 August 6, 1980 ASSETS Gold certificate account 11,154 — - 18 Special Drawing Rights certif. acct. 3,068 — • 50 Coin 368 + 1 ,- 32 Loans 1,804 - 112 4» 1,340 Acceptances- Held under repurchase aggreements -- • 296 «* Federal agency abligations— Bought outright 8,694 — - 179 Held under repurchase agreements 1 — - 557 «« U.S. government securities: Bought outright-Bills 45,292 4* 1,819 4* 10,237 Notes 59,609 — + 1,435 Bonds 17,791 — ±± 1,688 Total bought outright 2 122,692 • •¥ 1,819 13,360 Held under repurchase agreements 1 — 11,,667766 •• Total U.S. government securities 122,692 ++ '' 114433 ~~ 4* 13,360 Total loans and securities 133,190 - 822 + 14,521 Cash items in process of collection (6,265 ) 13,287 + 4,731 + 274 Bank premises 477 - 2 4* 30 Other assets 3 9,642 556677 44-- 4,173 TOTAL ASSETS ((66,,226655 »» 171 y 186 44-- 33..334411 44-- 18.898 LIABILITIES Federal Reserve notes 126,060 + 681 + 9,312 Deposits: Depository institutions 28,651 4- 1,781 4* 7,456 U.S. Treasury—general account 2,936 - 257 + 174 Foreign-official accounts 205 - 6 - 80 Other (((222,,,222444000))) 794 221166 206 Total deposits (((222,,,222444000))) 32,586 __ __ ™™.. 11,,330022 44** 7,756 Deferred availability cash items (((444,,,000222555 >>> 8,125 4~ 2,629 4* 1,675 Other liabilities and accrued dividends 4 1,712 11,,117733 44-- 30 TOTAL LIABILITIES ((66,,226655 )) 168,483 ** 33,,443399 18,773 CAPITAL ACCOUNTS Capital paid in 1,251 4* 1 4* 75 Surplus 1,203 — -V 58 Other capital accounts 249 -» 99 • 8 * 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-purchas etransactions, to foreign official and inter national accounts, of which $ l, 393million was outstanding at the end of the latest statement week. 2 Net of $ 2,547 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 243 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates* 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. ** Estimated (Richmond and Dallas Districts). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, August 5, 1981 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 I Weekly changes Within 15 days 1,698 — 5,649 4- 2,198 -0- 6*2 16 days to 90 days 106 — 22,050 - 1,751 718 + 71 91 days to 1 year — — 32,176 + 418 1,711 6 Over 1 year to 5 years — — 33,813 • 722 4,649 ••• OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss i --. 13,106 "•** 1,015 ss OOvveerr 1100 yyeeaarrss 15.898 . ft 01 TToottaall XTBW 72 122,692 4- 143 8,694 557 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (b) STATEMENT OF CONDtTION OF EACH FEDERAL RESERVE BANK ON Augu8t 5, 1981 Millions of dollars "ST Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas * FranciV*^ ASSETS Gold certificate account 11,154 817 3,163 531 805 947 436 1,571 450 189 534 628 l,0o3 Special Drawing Rights certif. acct. 3,068 153 879 130 234 266 91 480 119 45 142 178 351 Coin 368 20 19 12 48 45 47 13 24 14 32 28 66 Loans 1,804 33 5 4 50 100 43 1,138 68 93 127 42 101 Acceptances held under repurchase agreements — -- -- -- -- -- -- -- — -- — -- -- 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 1 -- -- -- -- — -- — — -.- -- -- -- -- U.S. government securities: Bought outright-Bills 45,292 1,928 13,185 1,621 3,288 3,616 1,440 6,914 1,678 678 2,071 2,834 6,039 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**20 565 2,716 659 266 814 1,113 2,372 Total bought outright 2 122,692 5,222 35,719 4,391 8,908 9,795 3,899 18,730 4,547 1,836 5,611 7,676 16,358 Held under repurchase agreements * -- -- -- -- «- -• — .. -. -- -« -- -- Total U.S. government securities 122,692 5,222 35,719 4,391 8,908 9,795 3,899 18,730 4,547 1,836 5,611 7,676 16,358 Total loans and securities 133,190 5,625 38,255 4,706 9,589 10,589 4,218 21,196 4,937 2,059 6,136 8,262 17,618 Cash items in process of collection 19,552 575 2,970 754 678 2,469 1,841 2,926 753 787 1,688 2,624 I/- Bank premises 477 99 21 52 22 95 36 17 14 28 22 15 Other assets 3 9,642 325 2,544 386 728 650 574 1,308 299 236 401 738 1,4^3 Interdistrict settlement account -0- •f 277 4-6,192 - 249 -1.434 4- 180 'U264 -2,447 - 425 -• 628 4-2,382 - 587 - i^w TOTAL ASSETS 177,451 7,891 54,043 6,322 10,670 15,241 5,979 25,064 6,171 2,730 1K337 11.886" ?d".U7 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 $1,393 million was outstanding at the end of the latest statement week. 2 Net cf $ 2,547 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $243 million securities loaned-fully secured by U.S. government securities. 3 includes assets denominated in foreign currencies, revalued monthly at market exchange rates. * Estimated (Richmond and Dallas Districts), 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 Auguat 5, 1981 Millions of dollars I. h i total Boston New York Philadelphia Cleveland Richmond* Atlanta Chicago St Louis Minneapolis K C an it s y a s Dallas * Fra S n a ci n s co LIABILITIES Federal Reserve notes 126,060 6,401 38,079 5,030 9,041 lit430 2,733 19,465 4,739 1,478 6,147 7,769 13,748 Deposits: 28,651 965 10,302 772 805 1,116 1.534 3,401 704 566 1,140 1,985 5,361 U.S. Treasury -general account 2,936 2,936 >•* Foreign-official accounts ! 205 6 48 8 16 11 16 31 6 7 9 13 34 Other ! 3.034 1 419 18 2 38 2.554 1 1 Total deposits 34,826 972 13,705 780 821 1,145 1,552 3,470 710 573 3,703 1,999 5,396 Deferred availability cash items 12,150 348 1,486 330 439 2,334 1,404 1,401 558 547 1,256 1,804 Other liabilities and accrued dividendsl 1.712 94 66 82 162 184 '99 339 82 36 112 153 30J ' TOTAL LIABILITIES 174,748 7,815 53,336 6,222 10,463 15,093 5,788 24,675 6,089 2,634 11,218 11,725 19,690 CAPITAL ACCOUNTS Capital paid in 1,251 33 317 47 96 64 94 180 37 47 55 80 201 Surplus 1,203 33 306 46 95 62 90 177 36 38 52 74 194 Other capital accounts 249 10 84 7 16 22 7 32 9 11 12 7 32 TOTAL LIABILITIES AND CAPITAL 177,451 7,891 54,043 6,322 10,670 15,241 5,979 25,064 6,171 2,730 11,337 11,886 20,117 ACCOUNTS ' •" FEDERAL RESERVE AGENTS' ACCpUNTS F.R. notes outstanding 147,470 7,581 42,377 7,299 9,944 12,587 5,461 20,945 5,609 2,140 7,466 9,848 16,213 , Lesa - Held by F. R. Banks 21.410 1.180 4.298 2.269 903 1.157 2.728 1.480 870 662 1.319 2.079 2.465 F.R. Notes, Net 126,060 6,401 38,079 5,030 9,041 11,430 2,733 19,465 4,739 1,478 6,147 7.769 13,748 Collateral held against F.R. notes: 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 Jther eligible asaeta U.S. govt and agency securities ili T 838 5.431 34.037 4 T 369 8.002 10.217 ^.206 17.414 4.170 1.244 5.471 6.963 12.314 Totai collateral 126,060 6,404 38,079 5,030 9,041 11,430 _ .2,733 19,4*5 4,739 1,478 6,147 7,769 nr 1 Includes exchange translation account reflecting the monthly revaluation at market exchange ratea of foreign exchange commit aw tn§. * Estimated (Richmond and Dallaa Districts). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis