H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.••jjSSSsi-. FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For immediate release August 27, 1982 Averages of daily figures (millions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, WWeeeekk eennddeedd Change from week ended Wednesday RRff**^^((**rr\\tt((** RRaannkk rrrrppHH iitt aannrrii rrppllaattppHH iittppmm^^ AAuugguusstt 2255,, 1 1 wOwl Vv UQ 1 IIV l/i WVJ 11, QlrVJ f dQ LC7VJ 1 IUI 1 13 August lo, IAugust 26, August 25, 1982 19H2 IQftl , IQft? Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 133,282 325 + 8,075 134,738 Held under repurchase agreements — 169 ! - 594 ; Federal agency obligations- Bought outright 8,955 — + 261 8,955 Held under repurchase agreements — 51 86 — Acceptances- Bought outright — — — *•> Held under repurchase agreements — 66 89 * Loans to depository institutions 609 + 126 - 1,112 1,637 Includes: seasonal borrowing of 94 37 152 79 extended credit of 118 5 37 117 Float 1,837 66 - 382 2,156 Other F.R. assets *,100 - 515 + 346 9,203 Total Reserve Bank credit 153,783 - 1,066 + 6,418 156,689 Gold stock 11,148 — 6 11,148 Special Drawing Rights certificate account 4,018 — + 950 4,018 Treasury currency outstanding 1133,,778866 — ++ 117777 13,786 Total Factors 118822,,773355 - 1,066 ++ 77,,553399 185,641 Currency in circulation* 148,095 - 668 + 9,955 148,128 Treasury cash holdings* 419 + 5 34 420 Treasury deposits with F.R. Banks 2,872 101 - 234 3,541 Foreign deposits with F.R. Banks 295 + 12 + 18 319 Other deposits with F.R. Banks 576 47 4- 89 598 Required clearing balances 237 + 3 + 196 237 Other F.R. liabilities and capital 5,210 74 + 367 5,042 157,705 - 868 +10,358 158,285 Reserve balances with F.R. Banks3 25,030 - 198 - 2,818 27,356 Total vault cash 18,834 - 395 + 839 18,834 (a) Vault cash at institutions with required reserve balances 12,888 190 + 657 12,888 (b) Vault cash equal to required reserves at other institutions 2,362 + 33 + 894 2,362 (c) Surplus vault cash at other institutions4 3,584 238 712 3,584 Reserve balances + total vault cash3'5 43,865 - 593 - 1,978 46,191 Reserve balances + total vault cash used to satisfy reserve requirements5, 6 40,281 355 - 1,266 42,607 Required reserves 40,042 284 - 1,195 40,042 Excess reserve balances at F.R. Banks5 ,7 239 71 71 2,565 On August 25, 1982 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 94,497 million, a decrease of $661 million for the week. 1 Net of $1,553 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,553 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 248 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 248 million was with foreign official and international accounts. Includes $ 548 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 (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 25, 1982 August 18. 1982 Aueust 26. 1981 ASSETS Gold certificate account 11,148 — 6 Special Drawing Rights certif. acct. 4,018 -- + 95C Coin 426 + 1 + 52 Loans 1,637 + 702 + 155 Acceptances- — -- -- Held under repurchase aggreements Federal agency abligations— Bought outright 8,955 • • + 261 Held under repurchase agreements 1 *•• m"m •- U.S. government securities: Bought outright-Bills 54,456 + 1,549 + 9,027 Notes 62,018 — + 2,589 Bonds 1188,,226644 -- + 293 Total bought outright 2 113344,,773388 + l r 549 +11,909 Held under repurchase agreements 1 -- -- — Total U.S. government securities 134,738 + 1„549 +11,909 Total loans and securities 145,330 + 2,251 +12,325 Cash items in process of collection (2,171 > 8,046 - 487 - 394 Bank premises 534 + 4 + 49 Other assets 3 8,669 + 86 + 215 TOTAL ASSETS (2,171 ) 178,171 + 1»855 +13,191 LIABILITIES Federal Reserve notes 135,188 - 689 + 9,729 Deposits: Depository Institutions 27,594 + 2,339 + 2,124 U.S. Treasury-general account 3,541 + 394 + 402 Foreign—official accounts 319 + 9 + 56 Other 597 + 10 + 94 Total deposits 32,051 + 2,752 + 2,676 Deferred availability cash items ( 2,171> 5,890 - 166 + 335 Other liabilities and accrued dividends 4 2,065 48 + 279 TOTAL LIABILITIES ( 2,17l) 175,194 + 1,849 +13,019 CAPITAL ACCOUNTS Capital paid in 1,337 + 1 + 83 Surplus 1,278 -- + 75 Other capital accounts I 362 + 5 + 14 * 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 $1,974 million was outstanding at the end of the latest statement week. 2-Net. of $248 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $548 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 $29 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. f MATURITY DISTRIBUTION OF LOANS AND SECURITIES, AUGUST 25, 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 obi igations LLooaannss AAcccceeppttaanncceess Holdings | Weekly changes Holdings | Week ly chances Within 15 days 1,612 -. 8,316 + 2,892 81 _ 116 16 days to 90 days 25 — 23,832 - 1,464 410 91 days to 1 year -- — 37,994 + 121 1,861 + 223 Over 1 year to 5 years — .. 36,047 ._ 5,228 77 Over 5 years to 10 years _- -- 12,267 ... 872 _ 30 Over 10 years -- — 1166,,228822 — 550033 Total 1,637 — 113344,,773388 + 1,549 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 25, 1982 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certif cate 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 426 24 24 15 38 51 52 24 26 18 38 36 80 Loans 1,637 132 243 2 17 35 51 243 30 14 90 161 619 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 54,456 2,516 17,130 1,814 3,595 4,621 1,385 7,728 1,833 687 2,572 3,691 6,884 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 ^ !_ 609 1,205 1,550 465 2,592 615 230 863 1,238 2,308 Total bought outright 2 134,738 6,225 42,383 4,490 8,893 11,433 3,429 19,122 4,536 1,698 6,365 9,133 17,031 Held under repurchase agreements 1 -0~ -- -- -- -- -- -- -- -- ... -- -- -- Total U.S. government securities 134,738 6,225 42,383 4,490 8,893 11,433 3,429 19,122 4,536 1,698 6,365 9,133 17,031 Total loans and securities 145,330 6,771 45,443 4,790 9,501 12,228 3,708 20,636 4,867 1,825 6,878 9,901 18,782 Cash items in process of collection 10,217 442 1,051 294 288 2,122 1,266 1,047 502 350 974 1,131 750 Bank premises 534 97 25 51 27 109 34 18 14 27 23 15 94 Other assets 3 8,669 263 2,612 341 592 497 539 1,169 251 246 393 544 1,222 Interdlstrict settlement account -0- + 10 4- 2,297 76 - 884 363 120 791 - 1,184 162 + 536 110 + 847 TOTAL ASSETS 180,342 8,387 55,825 6,165 10,569 15,966 6,021 24,241 5,042 2,511 9,627 12,529 23,459 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 $*- * 9?4 million was outstanding at the end of the latest statement week. 2 Net of $ 248 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 548 million securities loaned-fully secured by U.S. government securities. 3 minccsluudaeess aasssseettss ddeennoommiinnaatteedd iinn ftoorreeiiggnn ccuurrrre ncies, revalued monthly at market exchange rates, Includes special investment account at Chicago of $ 29 million in "TTrreorascsi ui rr\y/ RBiillilcs rmrtaattuurriinnng \ »w/!+itHhiri»n Q90fl drlaaywsc . 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 25, 1982 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 135,188 7,017 42,622 5,233 8,663 12,242 2,946 19,676 3,765 1,395 7,279 9,233 15,117 Deposits: Depository institutions 27,594 877 6,957 495 1,291 1,255 1,877 3,274 702 644 1,153 2,068 7,001 U.S. Treasury—general account 3,541 -- 3,541 — — — — — — — — — — Foreign—official accounts 319 5 170 8 15 10 15 28 6 7 9 13 33 Other 597 1 530 — — 14 1 36 10 — 1 1 3 Total deposits 32,051 883 11,198 503 1,306 1,279 1,893 3,338 718 651 1,163 2,082 7,037 Deferred availability cash items 8,061 301 745 230 232 2,089 899 496 398 331 946 860 534 Other liabilities and accrued dividends 1 2,065 105 503 75 150 190 64 321 75 32 107 152 291 TOTAL LIABILITIES 177,365 ! 1 87306 55,068 6,041 10,351 15,800 5,802 23,831 4,956 2,409 9,495 12,327 22,979 CAPITAL ACCOUNTS Capital paid in 1,337 34 330 57 99 70 106 183 38 49 60 90 221 Surplus 1,278 33 319 53 96 66 97 180 37 47 57 84 209 Other capital accounts 362 14 108 14 23 30 16 47 11 6 15 28 50 THTAI 1 1 ARM ITIPQ AMH PAPITAI ACCOUNTS 180,342 8,387 55,825 6,165 10,569 15,966 6,021 24,241 5,042 2,511 9,627 12,529 23,459 FEDERAL RESERVE AGENTS7 ACCOUNTS F.R. notes outstanding 155,690 8,486 46,657 7,956 9,389 13,543 5,114 21,235 5,047 1,945 8,396 10,639 17,283 Less-Held by F.R. Banks 20,502 1,469 4,035 2,723 726 1,301 2,168 1,559 1,282 550 1,117 1,406 2,166 F.R. notes, net 135,188 7,017 42,622 5,233 8,663 12,242 2,946 19,676 3,765 1,395 7,279 9,233 15,117 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 OOtthheerr eelliiggiibbllee aasssseettss -0- — — — — — — — — — — — — UU..SS.. ggoovvtt,, aanndd aaggeennccyy sseeccuurriittiieess 120,022 6,237 38,249 4,483 7,656 10,920 2,404 17,538 3,199 1,188 6,494 8,221 13,433 Total collateral 135,188 7,017 42,622 5,233 8,663 12,242 2,946 19,676 3,765 1,395 7,279 9,233 15,177 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