H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•iag^&i FEDERAL RESERVE •"f^rSS?:; Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For immediate release April 30, 1982 Averages of daily figures (millions of dollars) Reserves of depository institutions, Week ended Change from week ended Wednesday Reserve Bank credit, and related items April 28, April 21, HFw r April 28, 198? 1982 1982 Reserve Bank credit: U.S. government securities- Bought outright-system account 128,055 54 + 8,960 128,166 Held under repurchase agreements 315 1,012 268 2,205 Federal agency obligations- Bought outright 9,008 + 288 9,008 Held under repurchase agreements 50 59 65 348 Acceptances- Bought outright Held under repurchase agreements 27 182 85 192 Loans to depository institutions 1,822 163 456 6,180 Includes: seasonal borrowing of 177 18 2 194 extended credit of 227 21 227 221 Float 1,949 419 1,340 2,870 Other F.R. assets 9.534 192 9,732 Total Reserve Bank credit 150,761 1,370 6,086 158,701 Gold stock 11,150 4 11,150 Special Drawing Rights certificate account 3,818 179 1,000 3,818 Treasury currency outstanding 13.752 2 222 13,756 179,4S1 1,189 7,304 187,425 Currency in circulation* 142,832 645 8,488 143,363 Treasury cash holdings* 490 13 490 Treasury deposits with F.R. Banks 4,788 530 1,252 10,869 Foreign deposits with F.R. Banks 255 8 325 264 Other deposits with F.R. Banks 487 107 186 484 Required clearing balances 175 1 175 175 Other F.R. liabilities and capital 5.395 34 368 5,282 154,322 35 10,130 160,927 Reserve balances with F.R. Banks 25,159 1,224 2,826 26,498 Total vault cash 18,696 1,427 1,265 18,696 (a) Vault cash at institutions with required reserve balances 12,997 1,015 1,114 12,997 (b) Vault cash equal to required reserves at other institutions 2,185 151 824 2,185 (c) Surplus vault cash at other institutions4 3,514 261 673 3,514 Reserve balances + total vault cash3*5 43,858 203 1,558 45,197 Reserve balances + total vault cash used to satisfy reserve requirements5* 6 40,344 58 885 41 ,683 Required reserves 40,111 139 988 40 ,111 Excess reserve balances at F.R. Banks5, 7 233 81 103 1 ,572 On April 28, 1982 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 90,775 million, a decrease of $ 392 million for the week. 1 Net of $ 2,288 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $2,288 million was with foreign official and international accounts. Includes securities loanei-fully secured by U.S. Government securities. 2 Net of $2,464 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,464 million was with foreign official and international accounts. Includes $ 166 million securities loaned—fully secured by U.S. Government securities. 3 Exclude required clearing balances. 4 Total vault cash at institutions without required reserve balances less vault cash equal to their required reserves. 5 Adjusted to include $ 3 million waivers of penalties for reserve deficiencies in accordance with Board policy effective November 19,1975. 6 Reserve balances with Federal Reserve Banks (which exclude required clearing balances) plus vault cash at institutions with required reserve balances plus vault cash equal to required reserves at other institutions. 7 Reserve balances with Federal Reserve Banks (which exclude required clearing balances) 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 rtquired reserves are partially estimated. * 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" Wednesday Wednesday Wednesday APT*! 28, \m April 21. 19S2 April 29. 1.3&L. ASSETS Gold certificate account 11,150 4 Special Drawing Rights certif. acct. 3.818 +1,000 Coin 403 + 1 9 Loans 6,180 +3,137 -2,392 Acceptances- 192 64 357 Held under repurchase aggreements Federal agency abligations- 9,008 — + 288 Bought outright 348 + 128 - 218 Held under repurchase agreements 1 U.S. government securities: 49,687 + 217 +6,074 Bought outright—Bills 60,389 — +1,271 Notes 1188,,009900 — + 784 Bonds Total bought outright2 112288,,116666 + 217 +8,129 2.205 - 461 - 655 Held under repurchase agreements ' 130,371 - 244 +7,474 Total U.S. government securities 146,099 +3,085 +4,795 Total loans and securities (2.533) 9,427 - 598 -2,519 Cash items in process of collection 515 + 3 + 46 Bar.k premises 9,217 + 210 - 932 Oher assets 3 (2,533) 180,629 +2, 701 +2,377 TOTAL ASSETS LIABILITIES Federal Reserve notes 130,500 14 +8,412 Deposits: U D .S ep . T o r s e i a to su ry ry -g i e n n s e t r i a t l u a t c i c o o n u s n t 26,673 - 747 -11, 140 10.869 +3. 838 +5, 132 Foreign-official accounts 264 + • 40 - 62 Other (1) 484 - 2 + 218 Total deposits (1) 38,290 +3, 129 -5, 852 Deferred availability cash items (2.532) 6,557 - 513 - 463 Other liabilities and accrued dividends * 2.374 + 68 + 101 TOTAL LIABILITIES (2.533) 177.721 +2, 698 +2, 198 CAPITAL ACCOUNTS Capital paid in 1,308 + 75 Surplus 1,278 + 75 Other capital accounts 322 + 29 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 international accounts, of which $-0- million was outstanding at the end of the latest statement week. Net of $2,464 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $166 million securities loaned—fully secured by U.S. government securities. Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $62 million in Treasury Bills maturing within 90 days. Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreigr exchange commitments. MATURITY DISTRIBUTION OF LOANS AWO SECURITIES. APRIL 28, 1982 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 obligation; Loans Acceptances Holdings | Weekly changes •Holdings | Weekly cBI'nges Within 15 days 6,140 192 6,451 -1,026 433 71 16 days to 90 days 40 27.186 - 245 465 21 91 days to 1 year 33.915 +1,028 1,592 20 Over 1 year to 5 years 35.918 5,413 48 Over 5 years to 10 years 10,192 919 8 Over 10 years 16.709 534 Total 6.180 T5I 130,371 244 9,356 +128 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 April 28, 1932 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,150 570 3,214 554 744 967 402 1,576 418 154 575 743 1,233 Special Drawing Rights certif. acct. 3,818 199 1,104 186 250 337 133 534 140 50 200 256 429 Coin 403 30 24 16 38 47 42 21 25 20 38 28 74 Loans 6,180 333 2,062 230 363 293 316 934 95 258 214 240 842 Acceptances held under repurchase agreements 192 — 192 — — — — — — — — — — Federal agency obligations: Bought outright 9,003 416 2,834 300 594 764 229 1,278 303 114 426 611 1,139 Held under repurchase agreements 1 348 348 U.S. government securities: Bought outright-Bills 49,687 2,296 15,630 1,655 3,279 4,216 1,265 7,052 1,673 626 2,347 3,368 6,280 Notes 60,389 2,790 18,996 2,013 3,986 5,124 1,537 8,570 2,033 761 2,853 4,093 7,633 Bonds 18,090 836 5,690 603 1,194 1,535 460 2,567 609 228 855 1,226 2,287 Total bought outright 2 128,166 5,922 40,316 4,271 8,459 10,875 3,262 18,189 4,315 1 ,615 6,055 8,687 16,200 Held under repurchase agreements 1 2,205 2,205 Tafal U.S. government securities 130,371 5,922 42,521 4,271 8,459 10,875 3,262 18,189 4,315 1 ,615 6,055 8,687 16,200 Total loan* and securities 146,099 6,671 47,957 4,801 9,416 11,932 3,807 20,401 4,713 1 ,987 6,695 9,538 18,181 Cash items in process of collection 11,960 298 1,080 783 688 2,312 1,035 1,300 607 551 1,111 1,115 1,080 Bank premises 515 98 23 52 27 104 34 18 14 27 23 15 80 Other assets 3 9,217 289 2,855 351 599 545 534 1,243 265 241 399 562 1,334 Interdistrict settlement account -0- + 28 +3,789 - 179 -1,069 93 - 117 -1,761 - 863 403 4- 435 - 156 + 389 TOTAL ASSETS 1 183,162 1 8,183 60,046 6^564 10^693 16,151 3,870, 23*332 5,319 2 ,627 9,476 12,101 22,800 j 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 ffst of $ 2,464 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 166 million securities loaned-fully secured by U.S. government securities. 3 3eludes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $62 million in Treasury Bills maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (c) iTATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON April 28, 1982 Millions of dollars ' 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 * LIABILITIES Federal Reserve notes 130,500 6,843 40,429 5,183 8,638 12,205 2,737 19,177 3,918 1,509 6,927 8,726 14,208 Deposits: 26,673 868 6,124 618 1,266 1,352 1,929 2,834 738 577 1,217 2,254 6,89C Depository Institutions U.S. Treasury -general account 10,869 10,869 Foreign—official accounts 264 5 116 8 15 10 15 28 6 7 9 13 Other 485 2 379 1 28 2 66 1 2 1 Total deposits 38,291 875 17,488 626 1,282 1,390 1,946 2,928 744 585 1,228 2,268 6,931 Deferred availability cash items 9,089 281 764 554 403 2,203 823 495 494 400 1,007 756 90* Other liabilities and accrued dividends 1 2,374 104 627 81 155 195 148 328 77 32 183 156 281 TOTAL LIABILITIES 180,254 8,103 59,308 6,444 10,478 15,993 5,654 22,928 5,233 2,526 9,345 11,906 22,33( CAPITAL ACCOUNTS Capital paid in 1,308 34 323 55 98 67 104 181 38 48 59 88 21: Surplus 1,278 33 319 53 96 66 97 180 37 47 57 84 20* Other capital accounts 322 13 96 12 21 25 15 43 11 6 15 23 4^ TOTAL LIABILITIES AND CAPITAL ACCOUNTS 183,162 8,183 60,046 6,564 10,693 16,151 5,870 23,332 5,319 2,627 9,476 12.101 22*80* FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 152,898 7,986 44,611 7,943 9,521 13,700 5,337 21,081 5,403 1,877 8,301 10,380 16,75! Less - Held by F.R. Banks 22.398 1.143 4.182 2.760 883 1.495 2,600 1.904 1.485 368 1.374 1.654 2.5S P.R. Nctea, Net 130,500 6,843 40,429 5,183 8,638 12,205 2,737 19,177 3,918 1,509 6,927 8,726 14,20 Collateral held against F.R. notes: Gold certificate account 11,150 570 3,214 554 744 967 402 1,576 418 154 575 743 1,23 Special Drawing Rights certif. acct. 3,818 199 1,104 186 250 337 133 534 140 50 200 256 42 Other eligible assets U.S. govt, and agency securities 115.532 6,074 36.111 4.443 7.644 10.901 2.202 17.067 3.360 1.305 6.152 7.727 12.54 Total collateral 130.500 _ 6^843__ 4Q,429___ 5.183 8.638 12.205 _2J31_ 19.177 3.918 1.S99 v.M7 8.726 14.20 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitment a. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis