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 release August 20, 1982 Averages of daily figures (millions of dollars) RRReeessseeerrrvvveee%%%333333fff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, WWeeeekk eennddeedd Change from week ended Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss AAuugguusstt 1188,, August 11, | August 19, August 18, 1982* IQft? IQftl 1982* Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 133,607 + 1,960 + 9,199 133,189 Held under repurchase agreements 169 - 28 920 — Federal agency obligations- Bought outright 8,955 - 33 + 261 8,955 Held under repurchase agreements 51 - 22 136 — Acceptances- Bought outright — -- — — Held under repurchase agreements 66 - 36 148 — Loans to depository institutions 483 + 114 974 935 Includes: seasonal borrowing of 131 - 2 100 118 extended credit of 123 -f 59 + 64 122 Float 1,866 - 504 873 2,422 Other F.R. assets 9,623 - 425 + 207 9,168 Total Reserve Bank credit 154,820 + " 1,026 4- 6,615 154,669 Gold stock 11,148 _ 1 6 11,148 Special Drawing Rights certificate account 4,018 — + 950 4,018 Treasury currency outstanding 13,786 _._ —. + 177 13,786 Total Factors 183,772 1,025 + 7,736 183,621 Currency in circulation** 148,755 + 197 + 9,840 148,811 Treasury cash holdings** 420 -f- 4 32 420 Treasury deposits with F.R. Banks 2,973 - 977 1 3,147 Foreign deposits with F.R. Banks 283 + 40 + 7 310 Other deposits with F.R. Banks 623 - 133 + 163 587 Required clearing balances 234 + 8 + 194 234 Other F.R. liabilities and capital 5,285 + 18 + 361 5,091 158,573 - 842 "+ 10,531 158,600 Reserve balances with F.R. Banks3 25,199 + 1,867 2,795 25,021 Total vault cash 19,229 - 947 + 1,319 19,229 (a) Vault cash at institutions with required reserve balances 13,078 - 380 + 935 13,078 (b) Vault cash equal to required reserves at other institutions 2,329 - 411 + 890 2,329 (c) Surplus vault cash at other institutions4 3,822 - 156 506 3,822 Reserve balances + total vault cash3'^ 44,429 + 920 1,475 44,251 Reserve balances + total vault cash used to satisfy reserve requirements5, 6 40,607 + 1,076 969 40,429 Required reserves 40,326 + 1,188 916 40,326 Excess reserve balances at F.R. Banks5, 7 281 - 112 53 103 On August 18, 1982 marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter t national accounts were $9 5»158 million, a decrease of $ 663 million for the week. 1 Net of $ 1,088 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,088million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 1,533 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,533 million was with foreign official and international accounts. Includes $ 337 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 (Dallas District). * * 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 ** WWeeddnneessddaayy **** Wednesday Wednesday August 18, 1982 August 11, 1982 August 19, 1981 ASSETS I Gold certificate account I 11,148 -- - 6 Special Drawing Rights certif. acct. 4,018 -- + 950 Coin 425 + 1 + 54 Loans 935 + 519 - 979 Acceptances— Held under repurchase aggreements -. -. - 154 Federal agency abligations— Bought outright 8,955 — + 261 Held under repurchase agreements 1 -- -- - 292 U.S. government securit'es: Bought outright—Bills 52,907 + 561 + 5,152 Notes 62,018 -- + 2,589 Bonds 1188,,226644 — 44__ 293 Total bought outright 2 **LL3333,,118899 + 561 8,034 Held under repurchase agreements 1 — — 927 Total U.S. government securities 133,189 + 561 ++"" 7,107 Total loans and securities 143,079 + 1, 080 + 5,943 Cash items in process of collection (2,378 ) 8,459 + 402 - 572 Bank premises 530 - 1 + 48 Other assets 3 8,638 - 1 ,019 •f 268 TOTAL ASSETS (2,378 ) 176,297 +_ j463 ±_6 ,685 LIABILITIES Federal Reserve notes 135,870 - 442 + 9,687 Deposits: Depository Institutions 25,255 - 50 - 3,846 U.S. Treasury—general account 3,147 + 388 + 43 Foreign—official accounts 310 + 106 + 103 Other < 1 ) 587 - 106 + 153 Total deposits 29,299 + 338 - 3,547 \\((ttll)) ^^ Deferred availability cash items ((22,,337777 )) 6,037 + 481 + 209 Other liabilities and accrued dividends 4 2,120 + 91 + 174 TOTAL LIABILITIES (2,378 ) 173,326 + 468 + 6,523 CAPITAL ACCOUNTS Capital paid in [ 1,336 — + 82 Surplus 1,278 _- + 75 Other capital accounts 357 5 + 5 * Figures in parentheses are the eliminations made in the consolidating process. ** Estimated (Dallas 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 2 ^ °f.ir533 m i m on matched sale-purchase transactions outstanding at the end of the latest statement week. Includes 7 i?3J/ 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 $25 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. 6 t-^-uduge MATURITY DISTRIBUTION OF LOANS AND SECURITIES AUGUST 18, 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 changas Within 15 days 920 -- 5,424 - 2,190 197 + 80 16 days to 90 days 15 -- 25,296 + 451 410 81 91 days to 1 year -- -- 37,873 + 4,359 1,638 + 1 Over 1 year to 5 years -- -- 36,047 - 2,895 5,305 .. Over 5 years to 10 years -- -- 12,267 + 1,437 902 .„ Over 10 years -- -- 1166,,228822 660011 550033 _«. Total 935 -- 113333,,118899 ++ 556611 88,,995555 .. 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 18, 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 11,148 570 3,212 554 744 967 402 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 25 24 16 37 52 50 26 27 17 38 34 79 Loans 935 3 526 6 6 23 9 23 12 23 180 112 12 Acceptances held under repurchase agreements -0- '- -~ .- «- -- -- -- -- -- -- _- -- Federal agency obligations: Bought outright 8,955 414 2,817 298 591 760 228 1,271 301 113 423 607 1,132 Held under repurchase agreements 1 -0- -- -- -- -- -- -- -- -- -- -- -- -- U.S. government securities: Bought outright—Bills 52,907 2,445 16,643 1,763 3,492 4,489 1,346 7,508 1,781 667 2,499 3,586 6,688 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 2,592 615 230 363 1,238 2,308 Total bought outright 2 133,189 6,154 41,896 4,439 8,790 11,301 3,390 18,902 4,484 1,678 6,292 9,028 16,835 Held under repurchase agreements 1 -0- -- -- -. -- — -- -. -- -- -- -- -_ Total U.S. government securities 133.189 6,154 41,896 4,439 8,790 11,301 3,390 18,902 4,484 1,678 6,292 9,028 ' 16,835 Total loans and securities 143,079 6,571 45,239 4,743 9,387 12,084 3,627 20,196 4,797 1,814 6,895 9,747 17,979 Cash items in process of collection I 10,837 450 832 444 309 2,349 1,396 1,191 605 431 1,143 980 707 Bank premises | 530 98 25 51 27 109 34 18 14 27 23 15 89 Other assets 3 8,638 257 2,563 320 573 517 512 1,183 246 244 374 585 1,264 Interdistrict settlement account ! -0- 43 + 1,6"44 200 - 1,015 - 321 + 100 - 1,097 - 1,181 - 330 + 443 + 229 + 1,771 TOTAL ASSETS 178,675 8,138 54,700 6,124 10,325 16,112 6,261 23,655 5,074 2,410 9,701 12,602 23,573 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 $ 11533 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 337 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 $ 25 million in Treasury Bills maturing within 90 days. * Estimated (Dallas 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 18, 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 135,870 7,026 42,588 5,217 8,733 12,315 3,142 19,700 3,810 1,410 7,309 9,330 15,290 Deposits: Depository institutions 25,255 614 6,250 505 934 1,183 1,778 2,694 624 535 1,147 2,142 6,849 U.S. Treasury-general account 3,147 — 3,147 -^ — -.- — Foreign—official accounts 310 5 160 8 15 10 15 28 6 8 9 13 33 Other 588 1 527 1 — 16 1 36 — — 2 3 1 Total deposits 29,300 620 10,084 514 949 1,209 1,794 2,758 630 543 1,158 2,158 6,883 Deferred availability cash items 8,414 304 761 193 271 2,228 1,027 462 471 325 991 752 629 Other liabilities and accrued dividends 1 2,120 107 511 77 154 194 79 327 77 31 111 160 292 TOTAL LIABILITIES 175,704 8,057 53,944 6,001 10,107 15,946 6,042 23,247 4,988 2,309 9,569 12,400 23,094 CAPITAL ACCOUNTS Capital paid in 1,336 34 . 330 57 99 70 106 183 38 49 59 90 221 Surplus 1,278 33 319 53 96 66 97 180 37 47 57 84 209 Other capital accounts 357 14 107 13 23 on 16 45 11 5 16 28 49 TOTAL LIABiLiTiES AND CAPITAL ACCOUNTS 178,675 8,138 54,700 6,124 10,325 16,112 6,261 23,655 5,074 2,410 9,701 12,602 23,573 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 155,426 8,367 46,365 7,838 9,366 13,567 5,243 21,162 5,092 1,952 8,415 10,682 17,377 Less-Held by F.R. Banks 19,556 1,341 3,777 2,621 633 1,252 2,101 1,462 1,282 542 1,106 1,352 2,087 F.R. notes, net 135,870 7,026 42,588 5,217 8,733 12,315 3,142 19,700 3,810 1,410 7,309 9,330 15,,290 Collateral held against F.R. notes: Gold certificate account 11,148 570 3,212 554 744 967 402 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 120,704 6,246 38,215 4,467 7,726 10,993 2,600 17,562 3,244 1,203 6,524 8,318 13,606 Total collateral 135,870 7,026 42,588 5,217 8,733 12,315 3,142 19,700 3,810 1,410 7,309 9,330 15,290 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (Dallas District) . Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis