H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE •.f«m^ Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For immediate release August 6, 1982 Averages of daily figures (millions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, WWeeeekk eennddeedd Change from week ended Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss AAuugguusstt 44,, Ju August 5, Auf^*4* 11998822** IQft? IQftl Reserve Bank credit: 1 ^ — U.S. government securities- Bought outright—system account 131,952 - 267 + 10,270 130,661 Held under repurchase agreements _.. — 1,343 „.. Federal agency obligations- Bought outright 9,001 — + 307 9,001 Held under repurchase agreements — — 247 — Acceptances- Bought outright — __ — — Held under repurchase agreements — 303 Loans to depository institutions 680 + 132 440 2,209 Includes: seasonal borrowing of 166 - 22 61 143 extended credit of 20 - 4 + 20 19 Float 2,284 + 518 403 3,245 Other F.R. assets 9,584 + 527 34 10,008 Total Reserve Bank credit 153,500 + 909 + 7,806 155,124 Gold stock 11,149 — 5 11,149 Special Drawing Rights certificate account 4,018 — + 950 4,018 Treasury currency outstanding 13,786 — 136 13,786 Total Factors 182,453 + 909 + 8,615 184,077 Currency in circulation** 147,481 + 357 + 9,143 148,340 Treasury cash holdings** 422 + 3 27 420 Treasury deposits with F.R. Banks 3,644 + 286 + 683 5,762 Foreign deposits with F.R. Banks 586 + 325 + 316 308 Other deposits with F.R. Banks 712 + 42 + 110 764 Required clearing balances 222 + 1 + 222 222 Other F.R. liabilities and capital 5,364 + 34 + 600 5,116 158,431 + 1,047 + 11,047 160,932 Reserve balances with F.R. Banks3 24,023 137 2,431 23,145 Total vault cash 19,851 _ 402 + 1,160 19,851 (a) Vault cash at institutions with required reserve balances 13,540 _ 152 + 773 13,540 (b) Vault cash equal to required reserves at other institutions 2,451 _ 84 + 981 2,451 (c) Surplus vault cash at other institutions4 3,860 _ 166 594 3,860 Reserve balances + total vault cash3*5 43,875 _ 539 1,270 42,997 Reserve balances + total vault cash used to satisfy reserve requirements5, 6 40,015 - 373 676 39,137 Required reserves 39,682 _ 374 698 39,682 Excess reserve balances at F.R. Banks5, 7 333 + 1 + 22 545 On August 4, 1982 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $97,888 million, an increase of $2,037 million for the week. 1 Net of $ 2,123million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,626million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 3,162 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $1»457 million was with foreign official and international accounts. Includes $ 501 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. 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 (St. Louis District). ** Estimated (Treasury's Figures). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.41 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since ** WWeeddnneessddaayy **** August 4, 1982 July 28, 1982 AUKU st 5, 1981 ASSETS Gold certificate account 11,149 -- - 5 Special Drawing Rights certif. acct. 4,018 -- + 950 Coin 421 4 + 53 Loans 2,209 + 739 + 405 Acceptances- Held under repurchase aggreements -- ._ .. Federal agency abligations— Bought outright 9,001 — + 307 Held under repurchase agreements 1 -- -- ... U.S. government securities: Bought outright-Bills 50,379 - 2,273 + 5,087 Notes 62,018 -- + 2,409 Bonds 1188,,226644 -. + 473 Total bought outright 2 113300,,666611 - 2,273 + 7,969 Held under repurchase agreements 1 Total U.S. government securities 130,661 - 2,273 + 7,969 Total loans and securities ITJlioTl - 1,534 + 8,681 Cash items in process of collection <2,673> 9,739 + 1,996 - 2,66^ Bank premises 528 1 + 51 Other assets 3 9,480 + 834 + 6 2 TOTAL ASSETS '2,673> 177,206 + 1,291 + 7,12 3 LIABILITIES Federal Reserve notes 135,395 + 791 + 9 ,286 Deposits: Depository Institutions 23,367 - 3,309 . 4 ,915 U.S. Treasury—general account 5,762 + 2,835 + 2 ,826 Foreign—official accounts 308 + 7 + 103 Other ( 1) 764 + 134 - 34 Total deposits 30,201 - 333 - 2 ,020 Deferred availability cash items /(l >1 6,494 + 844 - 828 Other liabilities and accrued dividends 4 < 2,672' 2,066 - 83 + 354 TOTAL LIABILITIES (2,673' 174,156 + 1,219 + 6 ,794 CAPITAL ACCOUNTS Capital paid in l 1,333 + 82 Surplus l)278 + 75 Other capital accounts I 439 4. 73 + 177 * Figures in parentheses are the eliminations made in the consolidating process. ** Estimated (St, Louis District). 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 $3,162 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $501 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 $23 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. MATURITY DISTRIBUTION OF LOANS AND SECURITIES August: 4, 1982 Acceptances and securities held under repurchase agreements are classifie das maturing within 15 days in accordance with maximum maturity of tho agreements. U.S. government securities Federal agency obligations LLooaannss AAcccceeppttaanncceess Holdings | Weekly changes Holdings | Weekly changes Within 15 days 2,108 — 7,401 + 1,395 47 - i:>7 16 days to 90 days 99 -- 21,963 - 4,279 607 + 83 91 days to 1 yes? 2 -- 34,643 113 1,637 + LA Over 1 year to 5 years -- -- 38,941 + 724 5,305 ... Over 5 years to 10 years .- -- 10,830 -- 902 Over 10 years -- -- 1166,,888833 -- 550033 ... Total 2,209 -- 113300,,666611 - 2,273 99,,000011 ... 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 4, 1982 MiHions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis* Minneapolis City Dallas Francisco ASSETS Go.J certificate account 1 11,149 570 3,213 554 744 967 402 1,576 418 154 575 743 1,233 Sfiee&l Drawing Rights certif. acct. 4,018 210 1,161 196 263 355 140 562 148 53 210 269 451 (to 421 25 24 16 37 51 51 26 25 18 36 33 79 Loans 2,209 3 402 6 4 22 7 994 21 30 89 119 512 Acceptances held under repurchase agreements -0- -- — — — — -. — — — — — ... Federal agency obligations: Sought 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: Bought outright—Bills 50,379 2,328 15,848 1,678 3,325 4,275 1,282 7,150 1,696 635 2,379 3,415 6,368 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 18,264 844 5.745 609 1,205 1.550 465 2.592 615 230 863 1,238 2,308 Total bought outright 2 130,661 6,037 41,101 4,354 8,623 11,087 3,326 18,544 4,399 1,646 6,172 8,857 16,515 Held under repurchase agreements 1 -0- -- -- -- -- -- -- -- -- -- -- -- -- Total U.S. government securities 130.661 ! 6.037 41.101 4.354 8,623 11,087 3,326 18,544 4,399 1.646 6.172 8,857 16,515 Total loans and securities 141,871 6,456 44,334 4,660 9,221 11,873 3,562 20,815 4,723 1,790 6,686 9,586 18,165 Cash items in process of collection 12,412 378 1,374 400 363 2,441 1,409 1,188 781 483 1,403 1,163 1,029 Bank premises 528 97 25 51 27 108 34 18 14 27 23 15 89 Other assets 3 9,480 311 2,869 410 628 581 532 1,292 261 232 428 597 1,339 Interdistrict settlement account -0- + 75 + 4,730 - 230 - 1,075 - 340 - 376 - 393 - 1.246 175 + 232 2 - 1,200 TOTAL ASSETS 179,879 8,122 57,730 6,057 10,208 16,036 5,754 25,084 5,124 2,582 9,593 12,404 21,185 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 $ 3,162 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 501 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 $ 23 million in Treasury Bills maturing within 90 days. * Estimated. (St. Louts District). 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 4, 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 135,395 7,064 42,465 5,256 8,730 12,309 2,927 19,767 3,859 1,417 7,227 9,280 15,094 Deposits: Depository institutions 23,367 531 6,631 395 809 1,067 1,562 3,971 413 596 940 1,926 4,526 U.S. Treasury—general account 5,762 — 5,762 — — — — — — — — — — Foreign-official accounts 308 7 97 12 21 15 21 40 8 10 13 18 46 Other 765 1 697 — 1 24 2 31 2 1 2 2 2 Total deposits 30,202 539 13,187 407 831 1,106 1,585 4.042 423 607 955 1,946 4,574 Deferred availability cash items 9,166 330 790 192 268 2,259 945 529 704 424 1,167 818 740 Other liabilities and accrued dividends 1 2,066 105 509 76 156 192 74 325 52 30 108 153 286 TOTAL LIABILITIES 176,829 8,038 56,951 5,931 9,985 15,866 5,531 24,663 5,038 2,478 9,457 12,197 20,694 CAPITAL ACCOUNTS Capital paid in 1,333 34 329 57 98 70 105 183 38 49 59 90 221 Surplus 1,278 33 319 53 96 66 97 180 37 47 57 84 209 Other capital accounts 439 17 131 16 29 34 21 58 11 8 20 33 5* TOTAL LIABILITIES AND CAPITAL ACCOUNTS 179,879 8,122 57,730 6,057 10,208 16,036 5,754 25,084 5,124 2,582 9,593 12,404 21,185 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 155,353 8,349 46,043 7,751 9,344 13,609 5,057 21,428 5,223 1,937 8,450 10,704 17,458 Less- Held by F.R. Banks 19,958 1.285 3,578 2,495 614 1,300 2,130 1,661 1,364 520 1,223 1,424 2,364 F.R. notes, net 135,395 77064 42.465 5,256 8,730 12,309 2,927 19,767 3,859 1,417 7,227 9,280 15,094 Collateral h- Sd 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 cert if. 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 120,228 6,284 38,091 4,506 7,723 10,987 2,385 17,629 3,293 1,210 6,442 8,268 13,410 Total collateral 135,395 77064 42,465 5,256 8,730 12,309 2,927 19,767 3,859 1,417 7,227 9,280 15,094 1 includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (St. Louis District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis