H.4.1 Factors Affecting Reserve Balances of Depository Institutions

ij&Sgfe-. FEDERAL RESERVE •?f^P? ^actors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H,4.1. For immediate release July 30, 1982 [ Averages of daily figures (millions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, || WWeeeekk eennddeedd | Change from week ended 1 Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss JJuullyy 2288,, July 21, 1 July 29, July 28, 11998822 IQft? lQftl IQft? Reserve Bank credit: .1 2 U.S. government securities- Bought outright—system account 995 + 10,615 132,934 ! 132,219 Held under repurchase agreements 1,216 Federal agency obligations- 941 Bought outright + 307 9,001 9,001 Held under repurchase agreements i - 173 Acceptances- 311 Bought outright Held under repurchase agreements 154 Loans to depository institutions 548 1,430 1,470 Includes: seasonal borrowing of 188 488 70 179 extended credit of 24 47 + 24 19 Float 1,708 51 1,386 2,093 Other F.R. assets 9,057 9 1,204 9,175 Total Reserve Bank credit 152,533 2,934053 + 5,360 154,673 Gold stock 11,149 + 141 5 11,149 Special Drawing Rights certificate account 4,018 -1- 143 + 950 4,018 Treasury currency outstanding 13,786 + 192 13,786 Total Factors 181,486 2,802 + 6,497 183,626 Currency in circulation* 147,103 796 + 9,371 147,525 Treasury cash holdings* 440 17 440 Treasury deposits with F.R. Banks 3,358 + 177 + 295 2,927 Foreign deposits with F.R. Banks 261 17 21 301 Other deposits with F.R. Banks 670 + 107 + 139 630 Required clearing balances i 221 + 3 + 221 221 Other F.R. liabilities and capital 5,330 119 671 5,127 157,384 644 + 9,318 157,171 Reserve balances with F.R. Banks3 24,102 2,158 2,822 26,455 Total vault cash 20,253 + 2,320 + 1,363 20,253 (a) Vault cash at institutions with required reserve balances 13,689 + 1,417 + 820 13,689 (b) Vault cash equal to required reserves at other institutions 2,535 + 403 + 1,043 2,535 (c) Surplus vault cash at other institutions4 4,029 + 500 500 4,029 Reserve balances + total vault cash3'5 44,356 + 162 j 1,458 46,709 Reserve balances + total vault cash used to satisfy reserve requirements0' ° 40,327 338 958 42,680 Required reserves 40,056 303 828 40,056 Excess reserve balances at F.R. Banks5' 7 | 271 1_ Z 35 j - 130 1 2,624 On July 28, 1982 marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter t national accounts were $ 95,851 million, a decrease of $ 628 million for the week. 1 Net of $2,314 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,314 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $1,573 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,573 million was with foreign official and international accounts. Includes $ 289 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 $ 1 million waivers of penalties for reserve deficiencies in accordance with Board policy effective November 19,1975. 8 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 (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 July 28, 1982 July ll 1982 Jttly..29.JL2£:L % ASSETS Gold certificate account 11,149 5 Special Drawing Rights certif. acct 4,018 950 Coin 425 4 58 Loans 1,470 + 720 446 Acceptances- - 296 Held under repurchase aggreements Federal agency abligations- 9,001 f 307 Bought outright - 557 Held under repurchase agreements 1 U.S. government securities: 52,652 27 + 9,179 Bought outright-Bills 62,018 4- 2,409 Notes 18,264 + 473 Bonds 132,9^4 + 27 +12,061 Total bought outright 2 -- - 1,676 Held under repurchase agreements 1 132,934 + 27 4-10,385 Total U.S. government securities 143,405 + 747 4- 9,393 Total loans and securities (2,179) 7,743 - 879 813 Cash items in process of collection 529 + 5 4- 30 Bank premises 8,646 + 112 - 1,563 Other assets 3 (2,179 ) 175,915 - 11 + 8,070 TOTAL ASSETS LIABILITIES Federal Reserve notes 134,604 199 4- 9,225 Deposits: Depository Institutions 26,676 + 1,664 194 U.S. Treasury-general account 2,927 - 917 - 266 Foreign—official accounts 301 + 63 + 90 Other 630 - 37 - 380 Total deposits 30,534 + 773 750 Deferred availability cash items *2,179 * 5,650 - 498 + 154 Other liabilities and accrued dividends 4 2,149 - 87 - 736 TOTAL LIABILITIES (2,179 ) 172,937 - 11 + 7,893 CAPITAL ACCOUNTS Capital paid in 1,334 + 84 Surplus 1,278 ~. + 75 Other capital accounts 366 — + 18 * 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 $1,573 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $289 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 $24 million in Treasury Bills niaturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES July 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 obligations LLooaannss AAcccceeppttaanncceess Holdings | Weekly changes Holdings I Weekly changes Within 15 days 1,432 .- 6,006 + 2,096 174 + 26 16 days to 90 days 38 — 26,242 - 1,852 524 + 39 91 days to 1 year — — 34,756 217 1,593 75 Over 1 year to 5 years .. -- 38,217 -- HH®® XX 6 Over 5 y»ars to 10 years -- -- 10,830 -- 4 Over 10 years V •" 1166,,338833 -- 550033 — Tot3l 1,470 .., 113322,,993344 + 27 %%000011 «- Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

HA1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RE SERVE BANK ON July 28, 1982 Millions of dollars T Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold ce« jficate account 11,149 570 3,213 554 744 967 402 1,576 418 154 575 743 1,233 Special Drawing Rights certif. acct. 4,018 210 1,161 196 263 355 140 562 148 53 210 269 451 Coin 425 27 24 17 37 50 51 27 25 18 36 34 79 Loans 1,470 4 594 2 3 237 46 32 28 135 111 128 150 Acceptance* hali under repurchase agreements -0- Federal agency obligations: Bought outright 9,001 416 2,831 300 594 764 229 1,277 303 114 425 610 1,138 Held under repurchase agreements 1 -0- U.S. government securities: Bouq^* outrsqht—3ills 52,652 2,433 16,562 1,755 3,475 4,468 1,339 7,472 1,772 664 2,487 3,569 6,656 Notes 62,018 2,865 19,508 2,067 4,093 5,262 1,579 8,802 2,088 781 2,930 4,204 7,839 Bonds 13,264 844 5,745 609 1,205 1,550 465 2,592 615 230 863 1,238 2,308 Total bought outright 2 132,934 6,142 41,815 4,431 8,773 11,280 3,383 18,866 4,475 1,675 6,280 9,011 16,803 Held under repurchase agreements 1 -0- Total U.S. government securities 132,934 6,142 41,315 4,431 8,773 11,280 3,383 18,866 4,475 1,675 6,280 9,011 16,803 Total loans and securities 143,405 6,562 45,240 4,733 9,370 12,281 3,658 20,175 4,806 1,924 6,816 9,749 18,091 Cash items in process of collection 9,922 369 629 264 586 1,973 1,192 1,146 562 374 1,004 1,073 750 Bank premises 529 97 25 51 27 108 34 18 15 27 23 15 89 Other assets 3 8,646 280 2,666 332 573 523 472 1,182 252 224 385 533 1,224 Interdistrict settlement account -0- + 168 + 1,668 + 91 970 532 55 - 1,191 1,189 274 + 470 + 234 + 1,580 TOTAL ASSETS 178,094 8,283 54,626 6,238 10,630 15,725 5?894 23,495 5,037 2,500 9,519 12,650 23,497 1 Does ret include U.S. government and federal agency securities resold under matched sale-purshase transactions to foreign official and international accounts, of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 1,573 million matched sale purchase transactions outstanding at the ena of the latest statement week. Inc'.udes $ 289 million securities loaned-fully secured bbyy UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess.. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 24 million in Treasury Bills maturina within 90 davs. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4,1 (c) STATEMENT OF CONDITION OF EACH FEDERAL fESERVE BANK ON July 28, 1982 Millions of dollars Kansas ] San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas j Francisco LIABILITIES Federal Reserve notes j 134,604 7,057 42,213 5,213 8,654 12,242 2,951 19,624 3,823 1,430 7,216 9,238 14*943 jA'jpcsits: i Depository institutions 26,676 | 736 6,877 629 1,331 1,182 1,740 2,530 632 561 1,098 2,175 7,185 U.S. Treasury-general account 2,927 ! 2,927 foreign-official accounts 301 5 157 8 14 10 15 27 6 7 9 12 31 Other 630 1 572 1 18 2 27 2 2 5 f otal deposits 30,534 742 10,533 637 1,346 1,210 1,757 2,584 638 568 11,,110099 22,,118899 7,221 Deferred availability cash items 7,829 293 623 186 254 1,907 889 536 411 368 994499 885599 554 Other liabilities and accrued dividends 1 2,149 no 499 79 158 200 79 342 79 32 111122 116611 298 TOTAL LIABILITIES 175,116 8,202 53,868 6,115 10,412 15,559 5,676 23,086 4,951 2,398 99,,338866 1122,,444477 "" 23,016 CAPITAL ACCOUNTS Capita' paid in 1,334 34 329 57 98 70 105 183 38 49 6600 9900 2U Surplus 1,278 33 319 53 96 66 97 180 37 47 5577 8844 209 Other capital accounts 366 14 110 13 24 30 16 46 11 6 1166 2299 51 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 178,094 8,283 54,626 6,238 10,630 15,725 5,894 23,495 5,037 2,500 9,519 12,650 23,497 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 155,083 8,301 45,731 7,784 9,313 13,640 5,186 21,390 5,246 1,908 8,471 10,716 17,397 Lesv-Held by F.R. Banks 20,479 1,244 3,518 2,571 < 659 1,398 2,235 1,766 1,423 478 1,255 1,478 2,454 C.R. notes, net 134,604 7,057 42,213 5,213 8,654 12,242 2,951 19,624 3,823 1,430 7,216 9,238 14,943 Collateral held against F.R. notes: Gold certificate account 11,149 j 570 3,213 554 744 967 402 1,576 418 154 575 743 1,233 Special Drawing Rights certif. acct. 4,018 210 1,161 196 263 355 140 562 148 53 210 269 451 Other eligible assets - 0 - U.S. govt, and agency securities 119,437 6,277 37,839 4,463 7,647 10,920 2,409 17,486 3,257 -1,223 6,431 8,226 13,259 Total collateral 134,604 7,057 42,213 5,213 8,654 12,242 2,951 19,624 3,823 1,430 7,216 9,238 14,943 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