H.4.1 Factors Affecting Reserve Balances of Depository Institutions

;o*cov FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For immediate release June 11, 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 June 9, June 2, June 10, June 9, 19R2 1981 198?* Reserve Bank creek: U.S. government securities- Bought outright—system account 129,701 410 10,801 129,082 Held under repurchase agreements 570 Federal agency obligations- Bought outright 9,008 290 9,008 Held under repurchase agreements 77 Acceptances- Bought outright Held under repurchase agreements 351 Loans to depository institutions 1,306 254 899 5,670 Includes: seasonal borrowing of 217 43 60 214 extended credit of 115 17 115 110 Float 2,472 29 1,179 1,305 Other F.R. assets 8,518 75 900 9,066 Total Reserve Bank credit 151,004 230 8,113 154,131 Gold stock 11,149 5 11,149 Special Drawing Rights certificate account 3,818 + 1,000 3,818 Treasury currency outstanding 13,768 + 207 13,771 179,740 228 + 9,316 182,869 Currency in circulation ** 146,658 907 + 10,005 147,240 Treasury cash holdings ** 495 19 11 495 Treasury deposits with F.R. Banks 3,409 571 796 3,637 Foreign deposits with F.R. Banks 269 70 54 296 Other deposits w«th F.R. Banks 517 93 + 171 526 Required clearing balances 200 11 + 200 200 Other F.R. {{abilities and capital ^ 5,369 222 + 1,001 5,644 156,917 1,124 12,107 158,038 Reserve bailees with F.R. Banks 3 22,822 1,353 2,792 24,831 Total vault cash 19,556 358 + 1,240 19,556 (a) SfaiAt cash at institutions with required reserve balances 13,216 163 + 810 13,216 (b) Vault cash equal to required reserves at other institutions 2,514 121 + 1,037 2,514 (c) Surplus vault cash at other institutions4 3,826 74 607 3,826 Reserve balances + total vault cash3*5 42,381 995 1,549 44,390 Reserve balances + total vault cash used to satisfy reserve requirements ' ° 38,555 1,069 942 40,564 Required reserves 38,405 527 870 38,405 Excess reserve balances at F.R. Banks5' 7 150 542 72 2,159 On June 9, 1982 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 92,535 million, n Increase of $1,500 million for the week. a 1 Net of $ i,5ll million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ i Siimiilion was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 2,415 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,415 million was with foreign official and international accounts. Includes $ 78 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.) * Estimated (Richmond and St. Louis Districts). ** 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 * Ju W ne e d 9 n , e sd 1 a 9 y 8 2 * * Wed. Wed. June 2, 1982 June 10, 1981 ASSETS Gold certificate account 11,149 Special Drawing Rights certif. acct. 3,818 + 1,000 Coin 386 + 4 Loans 3,670 4,468 + 2,057 Acceptances- 1,424 Held under repurchase aggreements Federal agency abligations— 9,008 301 Bought outright 288 Held under repurchase agreements 1 U.S. government securities: 49,798 45 + 9 ,473 Bought outright-Bills 61., 143 + 2 ,325 Notes 18,141 + 535 Bonds 129,082 + 12 ,333 Total bought outright 2 Held under repurchase agreements 1 129,082 + 12 ,333 Total U.S. government securities 143,760 + 14 ,691 Total loans and securities ( 2109) 6,785 - 2 ,533 Cash items in process of collection 518 + 47 Bank premises 8,548 575 - 556 Other assets 3 < 2109) 174,964 3.801 + 12,648 TOTAL ASSETS LIABILITIES Federal Reserve notes 134,350 541 9,655 Deposits: Depository Institution 25,052 2,168 + 41 U.S. Treasury-general account 3,637 83 + 1,246 Foreign—official accounts 296 31 + 58 Other 505 175 + 105 Total deposits 29,490 2,229 + 1,450 Deferred availability cash items ( 2109) 5,480 2,473 + 239 Other liabilities and accrued dividends * 2,702 383 + 1,087 TOTAL LIABILITIES ( 2109) 172,022 3,778 + 12,431 CAPITAL ACCOUNTS Capital paid in 1,317 _„, + 80 Surplus 1,278 — + 75 Other capital accounts 347 23 + 62 * 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 international accounts, of which $-0- million was outstanding at the end of the latest statement week. 2 Net of $2,415 million matched sale-purchase transactions outstanding at the end of the latest statement week. Induces $ 78 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 $ 59 million in Treasury Bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange -rates of foreign exchange commitments• ** Estimated (Richmond and St. Louis Districts), MATURITY DISTRIBUTION OF LOANS AND SECURITIES, JUNE 9, 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 obligations LLooaannss AAcccceeppttaanncceess Holdings | Weekly changes Holdings | Weekly changes Within 15 days 5,543 — 6,254 -2,708 46 -288 16 days to 90 days 127 — 25,586 - 329 591 + 81 91 days to 1 year -- -- 32,089 - 4 1,510 - 81 Over 1 year to 5 years — — 37,676 5,394 — Over 5 years to 10 years — — 10,717 933 Over 10 years ... 5555 16,760 553344 -- Total 5,670 129,082 -3,041 99,,000088 -2OT 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 JUNE 9, 1982 Millions of dollars * Kansas San Total Boston New York Philadelphia Cleveland Richmond* Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,149 570 3,213 554 744 967 402 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 386 30 19 12 35 49 46 16 24 19 36 27 73 Loans 5,670 169 2,515 198 203 47 69 633 62 147 143 205 1,279 Acceptances held under repurchase agreements -0- -- — — — — -- — — — — — .. Federal agency obligations: Bought outright 9,008 416 2,833 300 595 764 229 1,278 303 114 426 611 1,139 Held under repurchase agreements 1 -0- -- — -- -- -- — -- — — -- — — U.S. government securities: Bought outright—Bills 49,798 2,301 15,665 1,660 3,287 4,226 1,267 7,066 1,676 627 2,353 3,375 6,295 Notes 61,143 2,825 19,233 2,038 4,035 5,188 1,556 8,678 2,059 770 2,888 4,145 7,728 Bonds 18,141 838 5,706 604 1.197 1,539 462 2.575 611 229 857 1,230 2.293 Total bought outright 2 129,082 5,964 40,604 4,302 8,519 10,953 3,285 18,319 4,346 1,626 6,098 8,750 16,316 Held under repurchase agreements 1 -0- -- — — -- -- — — -- — — -- -- Total U.S. government securities 129.082 5.964 40,604 4,302 8,519 10.953 3.285 18,319 4,346 1.626 6.098 8.750 16.316 Total loans and securities 143,760 6,549 45,952 4,800 9,317 11,764 3,583 20,230 4,711 1,887 6,667 9,566 18,734 Cash items in process of collection 8,894 280 853 312 126 1,869 1,241 1,043 433 415 1,073 777 472 Bank premises 518 98 24 51 27 105 34 18 14 27 23 15 82 Other assets 3 8,548 253 2,538 345 662 489 522 1,198 233 228 357 541 1,182 Interdistrict settlement account -0- + 13 + 1,468 + 130 - 846 5 129 - 1.127 - 936 8 + 598 + 251 + 591 TOTAL ASSETS 177,073 [ 7,992 55,171 6,390 10,315 15,575 5,832 23,488 5,037 2,772 9,529 12,176 22,796 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and internationa alccounts, of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 2,415 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 78 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 $ 59 million in Treasury Bills maturing within 90 days. • Estimated (Richmond and St. Louis 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 . June 9, 1982 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond* Atlanta Chicago St. Louis * Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 134,350 7,028 41,678 5,301 8,755 12,390 3,039 19,638 3,923 1,561 7,198 9,067 14,772 Deposits: Depository institutions 25,052 483 7,231 700 900 919 1,485 2,020 568 707 1,092 2,072 6,875 U.S. Treasury—general account 3,637 3,637 — — — — — — — — — Foreign-official accounts 296 7 102 11 19 13 20 36 7 10 12 17 42 Other 505 1_ 419 — 1 17 2 60 1 — 2 1 1 Total deposits 29,490 1 49i 11,389 711 920 559— 1,507 2,116 576 717 1,106 2,090 6,918 Deferred availability cash items 7,589 291 750 182 275 1,892 977 464 378 364 990 674 352 Other liabilities and accrued dividends1 2,702 101 609 73 148 184 93 863 74 31 103 148 275 TOTAL LIABILITIES 1/^,131 7,911 54,426 6,267 10,098 I3T;**5 5,616 23.081 4,951 2,673 9,397 11,979 22,317 CAPITAL ACCOUNTS Capital paid in 1,317 34 324 56 98 67 105 182 38 47 59 88 219 Surplus 1,278 33 319 53 96 66 97 180 37 47 57 84 209 Other capital accounts 347 14 102 14 23 27 14 45 11 5 16 25 51 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 177,073 7,992 55,171 6,390 10,315 15,575 5,832 23,488 5,037 2,772 9,529 12,176 22,796 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 153,584 8,181 45,009 8,021 9,496 13,694 5,149 21,002 5,386 1,868 8,480 10,528 16,770 Less-Heldby F.R. Banks 19,234 1,153 3,331 2,720 741 1,304 2,110 1,364 1,463 307 1,282 1,461 1,998 F.R. notes, net 134,350 7,028 41,678 5,301 8,755 12,390 3,039 19,638 3,923 1,561 7,198 9,067 14,772 Collateral held against F.R. notes: Gold certificate account 11,149 570 3,213 554 744 967 402 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 Other eligible assets - 0 - — — — — — — — — — — — — U.S. govt, and agency securities 119,383 6,259 37,361 4,561 7,761 11,086 2,504 17,528 3,365 1,357 6,423 8,068 13,110 Total collateral 134,350 77028 41,678 5,301 8,755 12,390 3,039 19,638 3,923 1,561 7,198 9,067 14,772 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (Richmond and St. Louis Districts). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis