H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•\i3£2%- FEDERAL RESERVE ?fi§r§§3? Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4,1, For immediate release October 15, 1982 Averages of daily figures (millions of dollars) Reserves of depository institutions, Week ended Change from week ended Wednesday Reserve Bank credit, and related items October 13, October t>, j uctober 14, October 13, 1982 1982 I 1981 1982 Reserve Bank credit: U.S. government securities— Bought outright—system account 131,389 381 4 8,062 131,459 Held under repurchase agreements 1,204 Federal agency obligations- Bought outright 8,947 2 + 290 8,943 Held under repurchase agreements 588 Acceptances- Bought outright Held under repurchase agreements 472 Loans to depository institutions 360 244 750 354 includes: seasonal borrowing of 70 34 88 81 extended credit of 117 6 306 113 Float 2,323 + 646 686 3,945 Other F.R. assets 9,574 + 203 401 9,741 Total Reserve Bank credit 152,593 1,280 4 7,317 154,442 Gold stock 11,148 4 11,148 Special Drawing Rights certificate account 4,218 4 900 4,218 Treasury currency outstanding 13,786 4 146 13,786 Total Factors 181,745 1,280 8,359 183,594 Currency in circulation* 149,827 1,486 10,663 150,505 Treasury cash holdings* 437 10 21 440 Treasury deposits with F.R. Banks 2,819 1,885 138 2,980 Foreign deposits with F.R. Banks 248 2 81 211 Other deposits with F.R, Banks 532 4 45 516 Required clearing balances 312 9 244 312 Other F.R. liabilities and capital 4,982 56 202 4,745 159,157 326 4 10,419 159,709 Reserve balances with F.R. Banks3 22,588 954 2,060 23,885 Total vault cash 20,329 285 840 20,329 (a) Vault cash at institutions with required reserve balances 13,841 220 656 13,841 (b) Vault cash equal to required reserves at other institutions 2,969 263 701 2,969 (c) Surplus vault cash at other institutions4 3,519 242 517 3,519 Reserve balances + total vault cash3 42,917 669 1,220 44,214 Reserve balances + total vault cash used to satisfy reserve requirements5 39,398 911 703 40,695 Required reserves 38,883 848 855 38,883 Excess reserve balances at F.R. Banks 6 515 63 152 1,812 On October 13, 1982 marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter # national accounts were $ 100,939 million, an increase of $2,156 million for the week. 1 Net of $2,791 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,168 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 2,992million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,992 million was with foreign official and international accounts. Includes $ 350 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 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 October 13, 1982 October 6, 1982 October 14, 1981 ASSETS Gold certificate account 11,148 -- 4 Special Drawing Rights certif. acct. 4,218 -- + 900 Coin 455 -1- 1 + 54 Loans 354 12 - 2,239 Acceptances- Held under repurchase aggreements — -- -- Federal agency abligations- Bought outright 8,943 6 -1- 297 Held under repurchase agreements 1 -- -- -- U.S. government securities: Bought outright—Bills 51,177 + 2,225 + 4,588 Notes 62,018 -- + 2,589 Bonds 1188..226644 .. + 293 Total bought outright 2 113311,,445599 + 2,225 + 7,470 Held under repurchase agreements 1 -- -- -- Total U.S. government securities 1?1,459 + 2.22? + 7.470 Total loans and securities 140.756 + 2.207 -1- 5.528 Cash items in process of collection ( 3,358) 12,919 + 3,123 + 538 Bank premises 541 -. + 53 Other assets 3 9.200 + 241 + 330 TOTAL ASSETS ( 3,358) 179,237 + 5.hi + 7,399 LIABILITIES Federal Reserve notes 137,614 + 1,173 +10,811 Deposits: Depository Institutions 24,224 + 3,128 - 2,992 U.S. Treasury-general account 2,980 776 44 Foreign—official accounts 211 18 82 Other (2) 489 1 ^ 76. Total deposits 27,904 + 2,333 - 3,194 Deferred availability cash items (( 33,,335566)) 8,974 + 2,009 + 52 Other liabilities and accrued dividends 4 1,768 ± 70. • 440 TOTAL LIABILITIES ( 3,358) 176,260 + 5,585 + 7,229 CAPITAL ACCOUNTS Capital paid in 1,345 + 1 + 87 Surplus 1,278 -- + 75 Other capital accounts 354 14 + 8 * 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 $2,992 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $350 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. A Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES October 13, 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 changes Within 15 days 329 -- 2,580 - 2,743 84 - 67 16 days to 90 days 25 -- 27,478 + 3,807 465 - 10 91 days to 1 year -- ~. 36,961 + 1,161 1,875 + 39 Over 1 year to 5 years -- -- 35,891 -. 5,115 + 28 Over 5 years to 10 years -. — 12,267 -- 886 + 4 Over 10 years — 1166,,228822 -- 518 . 44ii-- Total ~B4— 113311,,445599 + 2,225 8,943 - 6 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

N.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON October 13, 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. 4,218 220 1,219 206 276 373 147 590 155 56 220 283 473 Coin 455 28 23 19 46 51 55 26 28 19 38 36 86 Loans 354 7 -- 4 6 7 1 17 11 1 90 189 21 Acceptances held under repurchase agreements -0- — -- — — — .- »«. --, __ -- Federal agency obligations: Sought outright 8,943 413 2,813 298 590 759 228 1,269 301 113 423 606 1,130 Held under repurchase agreements ' -0- -- -- -- — — — -- -- — -- ... -- U.S. government securities: Bought outright-Bills 51,177 2,365 16,099 1,705 3,378 4,342 1,302 7,263 1,723 645 2,417 3,469 6,469 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 2 131,459 6,074 41,352 4,381 8,676 11,154 3,346 18,657 4,426 1,656 6,210 8,911 16,616 Held under repurchase agreements 1 -0- -- -- -- — -- -- -- .- -- -- -- -- Total U.S. government securities 131,459 6,074 41,352 4,381 8,676 11,154 3,346 18,657 4,426 1,656 6,210 8,911 16,616 Total loans and securities 140,756 6,494 44,165 4,683 9,272 11,920 3,575 19,943 4,738 1,770 6,723 9,706 17,767 Cash items in process of collection 16,277 485 1,527 470 834 3,121 2,561 1,442 778 579 1,719 1,781 980 Bank premises 541 97 25 51 27 111 34 18 14 27 24 16 97 Other assets 3 9,200 315 2,781 334 615 553 521 1,257 265 249 408 573 1,329 Interdistrict settlement account -0- + 169 +3,956 2 -1,162 - 114 -1,003 - 978 - 926 - 284 + 622 - 93 - 185 TOTAL ASSETS 182,595 8,378 56,908 6,315 10,652 16,982 6,292 23,874 5,470 2,570 10,329 13,045 21,780 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 $ -o- million was outstanding at the end of the latest statement week. 2 Net of $ 2,992 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 350 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. 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 October 13, 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 137,614 7,130 43,111 5,267 8,713 12,537 3,202 20,267 3,986 1,415 7,488 9,250 15,248 Deposits: Depository institutions 24,224 582 8,041 558 1,143 1,091 1,236 2.161 618 501 997 2,166 5,130 U.S. Treasury—general account 2,980 — 2,980 — — — — — — Foreign—official accounts 211 5 61 8 15 11 15 28 6 7 9 13 13 Other 491 1 418 ~ ~ 29 1 37 1 ~ 2 1 Total deposits 27,906 588 11,500 566 1,158 1,131 1,252 2,226 625 509 1,008 2,180 "17164 Deferred availability cash items 12,330 481 1,264 281 420 2,969 1,551 666 706 515 1,599 1,264 614 Other liabilities and accrued dividends 1 1,768 98 281 72 144 180 66 306 71 31 101 145 273 TOTAL LIABILITIES 179,618 8,297 56,156 " 6,186 10,435 16,817 6,071 23,465 5,388 2,469 10,196 12,839 21,299 CAPITAL ACCOUNTS Capital paid in 1,345 34 330 60 99 70 107 183 38 49 60 93 222 Surplus 1,278 33 319 53 96 66 97 180 37 47 57 84 209 Other capital accounts 354 14 103 16 22 29 17 46 7 5 16^ 2299 J>0 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 182,595 8,378 56,908 6,315 10,652 16,982 6,292 23,874 5,470 2,570 10,329 13,045 21,780 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 156,668 8,401 47,388 7,854 9,346 13,740 5,089 21,427 4,938 1,891 8,607 10,782 17,205 Less-Held by F.R. Banks 19,054 1,271 4,277 2,587 633 1,203 1,887 1,160 952 476 1,119 1,532 1,957 F.R. notes, net 137,614 7,130 43,111 5,267 8,713 12,537 3,202 20,267 3,986 1,415 7,488 9,250 15,248 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 1 220 1,219 206 276 373 147 590 155 56 220 283 473 Other eligible assets 69 — — — — — — — — — 69 U.S. govt, and agency securities 122,179 6,340 38,680 4,507 7,693 11,197 2,653 18,101 3,413 1,205 6,624 8,224 13,542 Total collateral 137,614 77130 43,111 5,267 8,713 12,537 3,202 20,267 3,986 1,415 7,488 9,250 15,248 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