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 H.4.1 For Immediate rale August 21, 1981 Averages of dally figures Reserves of Depository Institutions, Week ended ^h ange from week endedfrweenesd^v Reserve Bank credit, August 19, August 12, August 20, August 19V 1981 1981 1980 -JsJfcfcw' Reserve Bank credit: %j (In sill lions of < lollars) v 3$ U.S. Government securities- Bought outright—Systeaa account 124,408 + 1,441 + 3,754 125,155 Held under repurchase agreements 1,089 + 1,089 + 1,089' 927 Fede B r o a u l gh t A ge o n u c t y r i o g b h l t i gations-* 8,694 _. _ 179 8,694 Held under repurchase agreements 187 + 187 + 187 292 Acceptances- Bought outright * Held under repurchase agreements 214 + 214 + 214 154 Loans— To depository Institutions 1,457 + 186 + 1,112 1,914 Includes seasonal borrowing of: 231 + 8 + 225 227 Float 2,681 . 1,020 - 3,380 3,203 Other F.R. assets 9.416 - 219 + 4.421 8.852 Total Reserve Bank credit 148,147 + 1,879 + 7,219 ; 149,191 Gold Stock 11,154 -- - 18 11,154 Special Drawing Rights certlf. sect. 3,068 -- - 200 3,068 Treasury currency outstanding 13.609 + 3 4- 298 13.609 175,978 + 1,882 + 7,300 177,022 Currency In circulation * 138,914 _ 119 + 9,811 138,966 Treasury cash holdings * 454 + 4 - 25 455 2,974 - 640 - 656 3,104 Treasury deposits with F.R. Banks Foreign deposits with F.R. Banks 276 - 3 - 39 207 Other, deposits with F.R. Banks 460 + 14 + 35 434 4.924 + 364 + 440 4.755 Other F.R. liabilities and capital 148,002 - 381 + 9,566 147,921 Reserve balances with F.R. Banks 3/ 27,976 + 2,263 - 2,267 29,101 Total vault cash (estimated) "" 17,911 - 1,137 N/A 17,911 a) Vault cash at institutions with required reserve balances 12,180 - 874 + 3,008 12,150 b) Vsult cssh equal to required reserves st other institutions 1,306 - 77 N/A 1,306 c) S i u n r s p t l i u t s u t v i s o u n l s t 4 / c ash at other 4,425 _ 186 N/A 4,425 Reserve balsnces + total vault cash 5/ 45,940 + 1,125 N/A 47,065 Reserve balances + total vault cash ~ used to satisfy rsserve requirements 5/6>// 41,515 + 1,311 + 603 42,640 Required reserves (sstlmated) ~ J 41,298 + 1,416 + 710 41,298 Excess reserve balances at F.R. Bsnks £/7f/ 217 - 105 - 107 I 1,342 On August 19, 1981 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and interna-^ tional accounts were $91,752 million, an increase of $245 million for the week. 1/ Net of $2,524 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $2,524 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. Government securities. 2/ Net of $1,797 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $1,797 million was with foreign official and international accounts. Includes $235 million securities loaned—fully secured by U.S. Government securities. 3/ Includes reserve balances of all depository institutions. 4V Total vault cash at institutions without required reserve balances less vault cash equal to their required reserves. bj Adjusted to include $53 million waivers of penalties for reserve deficiencies in accordance with Board policy effective November 19, 1975. 6/ Reserve balances with Federal Reserve Banks plus vault cash at ~~ institutions with required reserve balances plus vault cash equal to required reserves at other institutions. 2/ Reserve balances with Federal Reserve Banks plus vault cash used to satisfy reserve requirements less required reserves. (This, measure of excess reserves is comparable to the old excess reserve concept published historically.) Vault cash and required reserves are partially estimated. * Estimated (Treasury's Figures). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

K4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since Wednesday August 19, 1981 August 12, 1981 August 20, 1980 ASSETS Gold certificate account 11,154 17 Special Drawing Rights certif. acct. 3,068 200 Coin 371 + 1 36 Loans 1,914 + 593 1,093 Acceptances- 154 154 154 Held under repurchase aggreements Federal agency abligatiora- 8,694 Bought outright 292 Held under repurchase agreements 1 U.S. government securities: 47,755 Bought outright-BHIs 59,429 Notes 17,971 Bonds Total bought outright 2 Held under repurchase agreements 1 Total US. government securities Total loans and securities t3,9H ) Cash items in process of collection Bank premises Other assets 3 (3,911 ) TOTAL ASSETS LIABILITIES Federal Reserve notes 126,183 603 Deposits: Depository institutions U.S. Treasury—general account Foreign—official accounts Other Total deposits Deferred availability cash items Other liabilities and accrued dividends 4 TOTAL LIABILITIES CAPITAL ACCOUNTS Capital paid in Surplus Other capital accounts * * ' *l+ +l+l* ' + 'l+ll 292 2,445 180 180 2,445 927 3,372 4,411 1,045 1 886 • + + + + 179 292 2,566 726 1.163 125,155 927 126,082 137,136 9,031 482 8,370 * * ' *l+ +l+l* ' + 'l+ll 292 2,445 180 180 125,155 2,445 + 4,45!r 927 927 + 927 126,082 3,372 137,136 4,411 9,031 1,045 482 1 8,370 886 * * ' *l+ +l+l* ' + 'l+ll 292 2,445 180 180 125,155 2,445 927 927 126,082 3,372 + 5.382 137,136 4,411 9,031 1,045 482 1 8,370 886 * * ' *l+ +l+l* ' + 'l+ll 292 2,445 180 180 2,445 927 3,372 4,411 1,045 1 886 + • + + 6,742 4,567 36 3.931 169,612 * * ' *l+ +l+l* ' + 'l+ll 292 2,445 180 180 2,445 927 3,372 4,411 1,045 1 886 + 5,889 9,464 29,101 + 3,084 3,104 + 29 207 34 ( 922 ) to 43SL. 32,846 + 3,059 5,828 315 1.946 + 313 1661803 1,254 1,203 352 i + • + 2299,,110011 + 3,084 4,006 33,,110044 + 29 613 220077 34 18 to 4433SSLL.. 57 ( 922 ) 3322,,884466 + 3,059 3,354 (2,989 ) 55,,882288 315 - 353 11..994466 + 313 113 (3,911 ) 11666611880033 2,454 + 5,64Zf 11,,225544 + 2 + 77 11,,220033 + 58 335522 + 26 + 110 * 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-purchase transactions to foreign official and inter national accounts, of which $-0- million was outstanding at the end of the latest statement week. 2 Net of $ 1,797 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 235 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $66 million in Treasury Bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreiim exchange commitments. b MATURITY DISTRIBUTION OF LOANS AND SECURITIES, August 19, 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 ss ecurities Federal agency obligations" LLooaannss AAcccceeppttaanncceess Holdings | Weekly changes Holdings | Weekly changes W 16 it d h a in y s 1 t 5 o d 9 a 0 y s d ays 1,88 3 2 2 111555444 222 666 444 ,,, ,,, 000 444 111 444 999 333 +++ +++ 111,,,222 444 333 999 666 999 444 555 555 555 444 666 + 35 62 4 91 days to 1 year 333333,,,111888444 +++ 222,,,000111888 111,,,777111111 Over 1 year to 5 years 333444,,,777111444 +++ 999000111 444,,,666444999 Over 5 years to 10 years 111111,,,555111999 111,,,555***777 111,,,000111555 Over 10 years 111666,,,222000333 333000555 666000111 TToottaall 11,,991144 111555444 111222666,,,000888222 +++ 333,,,333777222 888,,,999888666 4- 292 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 19, 1981 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,154 817 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 371 20 25 11 48 41 47 15 25 13 30 27 69 Loans 1,914 24 184 49 293 250 51 416 51 212 217 66 101 Acceptances held under repurchase agreements 154 -- 154 -- -- -- -- -- -- -- -- -- -- 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 1 292 _- 292 -- -- -- -- -- -- -- -- -- -_ U.S. government securities: Bought outright—Bills 47,755 2,032 13,903 1,709 3,467 3,813 1,518 7,290 1,770 714 2,184 2,988 6,367 Notes 59,429 2,530 17,301 2,127 4,314 4,744 1,888 9,073 2,203 889 2,718 3,718 7,924 Bonds 17,971 765 5,232 643 1,305 1,435 571 2,743 666 269 822 1,124 2,396 Total bought outright 2 125,155 5,327 36,436 4,479 9,086 9,992 3,977 19,106 4,639 1,872 5,724 7,830 16,687 Held under repurchase agreements 1 927 -- 927 -- -- -- -- -- -- -- -- -- -- Total U.S. government securities 126,082 5,327 37,363 4,479 9,086 9,992 3,977 19,106 4,639 1,872 5,724 7,830 16,687 Total loans and securities 137,136 5,721 40,524 4,839 10,010 10,936 4,304 20,850 5,012 2,214 6,339 8,440 17,947 Cash items in process of collection 12,942 407 1,754 393 657 2,179 1,714 1,605 647 589 1,291 936 770 Bank premises 482 99 21 52 26 96 36 17 14 28 22 15 56 Other assets 3 8,370 264 2,215 345 604 485 547 1,224 252 221 353 606 1,254 Interdistrict settlement account -0- + 517 + 3,784 - 281 -1,123 + 76 -1,328 - 1,372 + 373 - 386 + 261 + 92 - 613 TOTAL ASSETS 173,523 7,998 52,365 6,020 11,261 15,026 5,847 24,390 6,892,, 2 .913 8,972 10,922 20.917 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 $ 1,797 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $235 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 August 19, 1981 Millions of dollars Kansas San total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 126,183 6,423 37,978 4,938 9,106 11,390 2,615 19,763 4,703 1,470 6,183 7,825 13,789 Deposits: Depository institutions 29,101 1,055 8,866 659 1,388 1,178 1,876 3,144 638 802 1,406 1,938 6,151 U.S. Treasury —general account 3,104 3,104 Foreign—official accounts 207 6 50 8 16 11 16 31 6 7 9 13 34 Other 1,356 338 1 21 2 68 922 2 1 1 Total deposits 33,768 1,061 12,358 667 1,405 1,210 1,894 3,243 1,566 809 1,417 1,952 6,186 Deferred availability cash items 8,816 334 1,110 226 365 2,085 1,015 618 451 496 1,139 808 170 Other liabilities and accrued dividends 1 1,946 102 196 85 171 189 125 363 87 39 108 157 324 TOTAL LIABILITIES 170,714 7,920 51,642 5,916 11,047 14,874 5,649 23,987 6,807 2,814 8,847 10,742 20,469 CAPITAL ACCOUNTS Capital paid in 1,254 33 317 47 96 64 95 180 37 47 56 81 201 Surplus 1,203 33 306 46 95 ' 62 90 177 36 38 52 74 194 Other capital accounts 352 12 100 11 23 26 13 46 12 14 17 25 53 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 173,523 7,998 52,365 6,020 11,261 15,026 5,847 24,390 6,892 2,913 8,972 10,922 20,917 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 148,740 7,506 43,280 7,595 10,004 12,574 5,324 21,203 5,626 2,122 7,541 9,802 16,163 Letfs-Held by F.R. Banks 22,557 1,083 5,302 2,657 898 1,184 2,709 1,440 923 652 1,358 1,977 2,374 F.R. Notes, net 126,183 6,423 37,978 4,938 9,106 11,390 2,615 19,763 4,703 1,470 6,183 7,825 13,789 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 Other eligible assets U.S. govt, and agency securities 111,961 5,453 33,936 4.277 8,067 10,177 2,088 17,712 4,134 1,236 5,507 7,019 12,355 Total collateral 126,183 6,423 37,978 4,938 9,106 11,390 2,615 19,763 4,703 1,470 6,183 7,825 _13,789. 1 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