H.4.1 Factors Affecting Reserve Balances of Depository Institutions

* 0* cOVi FEDERAL RESERVE ?f^ff£V Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For immediate release October 1, 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 SSeepptteemmbbeerr 2299,, Sep tteemmbbeerr 2222,, September 30, 1 September 29, 1982 11998822 __ IQftl 1 iQft? Reserve Bank credit: 1 2 U.S. government securities- Bought outright-system account 131,226 - 93 ! + 7,870 130,305 Held under repurchase agreements 510 - 260 + 510 — Federal agency obligations- Bought outright 8,949 — + 288 8,949 Held under repurchase agreements 65 - 95 + 65 — Acceptances- Bought outright — — — — Held under repurchase agreements 142 - 188 + 142 — Loans to depository institutions 749 - 60 - 694 1,154 Includes: seasonal borrowing of 112 + 12 - 121 113 extended credit of 124 + 6 - 263 127 Float 1,774 - 496 ~ 984 1,871 Other F.R. assets 9,350 + 147 + 504 9»505 Total Reserve Bank credit 152,765 - 1,045 + 7,701 151,784 Gold stock 11,148 — - 4 11,148 Special Drawing Rights certificate account 4,218 — ' + 900 4,218 Treasury currency outstanding 13,786 — + 59 13,786 Total Factors 181,917 _____ 1,045 + 8,656 180,936 Currency in circulation* 147,633 - 792 + 10,136 148,113 Treasury cash holdings* 418 + 5 - 36 420 Treasury deposits with F.R. Banks 4,489 + 878 + 1,068 8,320 Foreign deposits with F.R. Banks 287 + 39 - 4 295 Other deposits with F.R. Banks 392 - 155 -. 329 386 Required clearing balances 296 + 17 + 233 296 Other F.R. liabilities and capital 4,882 - 15' - 92 4,669 158,397 __ 23 + 10,976 162,499 Reserve balances with F.R. Banks3 23,520 _ 1,022 _ 2,319 18,437 Total vault cash 20,418 + 1,673 + 792 20,418 (a) Vault cash at institutions with required reserve balances 14,171 + 873 + 647 14,171 (b) Vault cash equal to required reserves at other institutions 2,879 + 475 + 658 2,879 (c) Surplus vault cash at other institutions4 3,368 + 325 — 513 * 3,368 Reserve balances + total vault cash3 43,938 + 651 _ 1,527 38,855 RReesseerrvvee bbaallaanncceess ++ ttoottaall vvaauulltt ccaasshh uusseedd ttoo ssaattiissffyy rreesseerrvvee rreeqquuiirreemmeennttss55 40,570 + 326 - 1,014 35,487 Required reserves 40,279 + 277 _ 732 j 40,279 Excess reserve balances at F.R. Banks * 291 ______ 49 - 282 1 4,792 On September 29, 1982 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 97,939 million, an increase of $1,453 million for the week. 1 Net of $ 2,583 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $2,374 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 3,713million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $2,247 million was with foreign official and international accounts. Includes $ 346 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 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. 6 Reserve balances with Federal Reserve Banks (which exclude required clearing balances) plus vault cas hused 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 September 29, 1982 September 22, 1982 September 30, 1981 ASSETS Gold certificate account 11,148 4 Special Drawing Rights certif. acct. 4,218 — + 900 Coin 446 8 + 46 Loans 1,154 811 - 1,332 Acceptances- Held under repurchase aggreements Federal agency abligations- 8,949 288 Bought outright Held under repurchase agreements 1 U.S. government securities: 50,023 900 + 3,093 Bought outright-Bills 62,018 + 2,589 Notes 18,264 + 293 Bonds 130,305 - 900 + 5,975 Total bought outright 2 Held under repurchase agreements 1 130,305 - 900 + 5,975 Total U.S. government securities 140,408 - 1 ,711 + 4,931 Total loans and securities (2,304 ) 7,919 - 984 - 1,905 Cash items in process of collection 539 + 1 + 52 Bank premises 8,966 + 68 -I- 156 Other assets 3 <2,304 ) 173,644 ZL2 _, 618 + 4,176 TOTAL ASSETS LIABILITIES Federal Reserve notes 135,193 - 113 +10,143 Deposits: Depository Institutions 18,734 - 6 ,411 - 8,509 U.S. Treasury—general account 8,320 + 4 ,672 + 4,800 Foreign—official accounts 295 + 60 125 Other ( 5) 385 - 25 458 Total deposits 27,734 - 1 ,704 - 4,292 Deferred availability cash items ( < 2 ( , 5 2 ) 9 9 6,048 - 745 - 965 Other liabilities and accrued dividends 4 1,696 - 51 744 TOTAL LIABILITIES <2,304 ) 170,671 2,613 + 4,142 CAPITAL ACCOUNTS Capital paid in 1,340 + 83 Surplus 1,278 + 75 Other capital accounts 355 - 124 Figures in parentheses are the eliminations made in the consolidating process. 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 Net of $3,713 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $346 million securities loaned—fully secured by U.S. government securities. Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $35 million in Treasury Bills maturing within 90 days. Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, SEPTEMBER 29, 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 obligatiions Loans Acceptances Holdings | Weekly changes Holdings 1 Weekly changes Within 15 days 1,110 4,211 -1,297 207 +76 16 days to 90 days 44 24,429 + 552 407 -31 91 days to 1 year 37,142 - 155 1,863 +25 Over 1 year to 5 years 35,974 5,087 -70 Over 5 years to 10 years 12,267 882 Over 10 years 16,282 503 Total 1,154 130,305 - 900 8,949 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 September 29, 1982 Millions of dollars —,—, _ " ' • •«—r" 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. 4,218 220 1,219 206 276 373 147 590 155 56 220 283 473 Coin 446 28 23 18 45 54 55 23 28 18 36 36 82 Loans 1,154 10 32 17 4 47 32 51 36 19 130 285 491 Acceptances held under repurchase agreements -0- -- -- -- -- -- -- -- -- -- -- -. -- Federal agency obligations: Bought outright 8,949 413 2,815 298 591 759 228 1,270 301 113 423 607 1,131 Held under repurchase agreements 1 -0- -- — -- -- -- -- -- -- -- -- -- -- U.S. government securities: Bought outright-Bills 50,023 2,311 15,735 1,667 3,302 4,245 1,273 7,099 1,684 631 2,363 3,390 6,323 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 2 130,305 6,020 40,988 4,343 8,600 11,057 3,317 18,493 4,387 1,642 6,156 8,832 16,470 Held under repurchase agreements 1 -0- -- -- -- -- -- -- -• -- «. -- „- -- Total U.S. government securities 130,305 6,020 40,988 4,343 8,600 11,057 3,317 18,493 4,387 1,642 6,156 8,832 16,470 Total loans and securities 140,408 6,443 43,835 4,658 9,195 11,863 3,577 19,814 4,724 1,774 6,709 9,724 18,092 Cash items in process of collection 10,223 366 955 274 398 2,160 1,179 1,165 526 412 1,032 1,133 623 Bank premises 539 97 25 51 27 111 34 18 14 27 24 16 95 Other assets 3 8,966 285 2,728 325 597 542 496 1,226 268 240 394 578 1,287 Interdistrict settlement account >0- -102 4-5,716 -75 -1,307 -148 -198 -1,278 -1,211 -281 4-553 -224 -1,445 TOTAL ASSETS 175,948 7,907 57,713 6,011 9,975 15,922 5,692 23,134 4,922 2,400 9,343 12,289 20,440 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 $ 3,713 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 346 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 $ 35 million in Treasury Bills maturing within 90 days. 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 September 29, 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 135,193 6,973 42,512 5,104 8,483 12,359 3,109 19,843 3,894 1,373 7,376 9,143 15,024 Deposits: Depository institutions 18,734 478 4,676 509 861 1,054 1,387 1,898 415 548 940 1,922 4,046 U.S. Treasury-general account 8,320 — 8,320 — — — — — — Foreign-official accounts 295 5 158 7 14 9 14 26 5 7 8 12 30 Other 390 — 305 — 1 23 1 47 — 1 8 1 3 Total deposits 27,739 483 13,459 516 876 1,086 1,402 1,971 420 556 956 1,935 4,079 Deferred availability cash items 8,347 272 774 197 257 2,134 899 605 454 340 971 862 582 Other liabilities and accrued dividends * 1,696 97 213 71 142 178 62 308 68 3300 110088 114444 275 TOTAL LIABILITIES 172,975 7,825 56,958 5,888 9,758 15,757 5,472 22,727 4,836 22,,229999 99,,441111 1122,,008844 19,960 CAPITAL ACCOUNTS Capital paid in 1,340 34 330 57. 99 70 107 183 38 49 60 92 221 Surplus 1,278 33 319 53 96 66 97 180 37 47 57 84 209 Other capital accounts 355 15 106 13 22 29 16 44 11 5 15 29 50 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 175,948 7,907 57,713 6,011 9,975 15,922 5,692 23,134 4,922 2,400 9,543 12,289 20,440 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 156,405 8,435 47,329 7,906 9,291 13,570 5,275 21,168 5,008 1,898 8,573 10,662 17,290 Less-Held by F.R. Banks 21,212 1.462 4,817 2,802 808 1,211 2,166 1,325 1,114 525 1,197 1,519 2,266 F.R. notes, net 135,193 6,973 42,512 5.J04 8,483 12,359 3,109 19,843 3,894 1,373 7,376 9,143 15,024 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. 4,218 220 1,219 206 276 373 147 590 155 56 220 283 473 Other eligible assets 11 — — — — — — — — — 11 — — U.S. govt, and agency securities 119,816 6,183 38,081 4,344 7,463 11,019 2,560 17,677 3,321 1,163 6,570 8,117 13,318 Total collateral 135,193 6,973 42,512 5,104 8,483 12,359 3,109 19,843 3,894 1,373 7,376 9,143 15,024 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