H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE •?f^P??- Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For immediate release October 29, 1982 Averages of daily figure s (millions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, WWeeeekk eennddeedd Change from week ended Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss OOccttoobbeerr 2277,, October 20, October 28, October 27, 1982 iQft? iQfti IQft? Reserve Bank credit: 1 2 U.S. government securities- Bought outright-system account 132,752 - 259 + 9,295 132,604 Held under repurchase agreements — - 582 — — Federal agency obligations- Bought outright 8,943 — + 297 8,943 Held under repurchase agreements — - 105 — — Acceptances- Bought outright — — .— Held under repurchase agreements — ~ 140 — — Loans to depository institutions 452 - 63 732 822 Includes: seasonal borrowing of 90 + 5 57 90 extended credit of 179 + 69 285 191 Float 1,675 - 1,109 1,271 2,293 Other F.R. assets 9,900 + 190 + 542 10,106 Total Reserve Bank credit 153,721 - 2,069 + 8,131 154,768 Gold stock 11,148 — 4 11,148 Special Drawing Rights certificate account 4,218 — + 900 4,218 Treasury currency outstanding 13,786 — + 143 13,786 Total Factors 182,873 ~^~ 2,069 + 9,169 183,920 Currency in circulation* 148,807 - 870 + 10,690 149,197 Treasury cash holdings* 440 + 3 10 440 Treasury deposits with F.R. Banks 2,774 - 84 295 3,169 Foreign deposits with F.R. Banks 253 - 34 65 220 Other deposits with F.R. Banks 550 - 26 45 465 Required clearing balances 338 + 17 + 262 338 Other F.R. liabilities and capital 4,830 - 78 200 4,653 157,991 - 1,073 -1- 10,335 158,482 Reserve balances with F.R. Banks3 24,882 ._ 996 1,166 25,438 Total vault cash 19,281 + 884 + 719 19,281 (a) Vault cash at institutions with required reserve balances 13,757 + 667 + 952 13,757 (b) Vault cash equal to required reserves at other institutions 2,409 + 106 + 379 2,409 (c) Surplus vault cash at other institutions4 3,115 + 111 612 3,115 Reserve balances + total vault cash3 44,163 - 112 447 44,719 Reserve balances + total vault cash used to satisfy reserve requirements5 41,048 - 223 + 165 41,604 Required reserves 6 40,778 - 194 + 132 40,778 Excess reserve balances at F.R. Banks 270 _-_ 29 + 33 826 On October 27, 1982 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official an dinter national accounts were $ 100,203 million, a decrease of $ 16 million for the week. 1 Net of $2,029 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,029million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. Government securities. 2 Net of $2,189 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,189 million was with foreign official and international accounts. Includes $ 180 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 o fexcess 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 October 27« 1982 October 20, 1982 October 28. 1981 ASSETS Gold certificate account 11,148 4 Special Drawing Rights certif. acct. 4,218 + 900 Coin 462 6 + 59 Loans 822 795 - 1,063 Acceptances- 981 Held under repurchase aggreements Federal agency abligations— 8,943 297 Bought outright - 737 — Held under repurchase agreements 1 U.S. government securities: 52,322 + 755 + 8 ,227 Bought outright-Bills 62,018 — + 2 ,589 Notes 18,264 — ++ 293 Bonds 132,604 + 755 ++1111 ,109 Total bought outright 2 - 44,,007777 ^- Held under repurchase agreements 1 132,604 - 33,,332222 +11 ,109 Total U.S. government securities 142,369 - 5,835 +10 ,343 Total loans and securities (2,280 >" 8,509 - 1,604 - 1 ,526 Cash items in process of collection 543 + 1 + 52 Bank premises 9,563 - 50 + 642 Other assets 3 (2,280 ) 176,812 ^ 7,482 +10 ,466 TOTAL ASSETS LIABILITIES Federal Reserve notes 136,313 350 +10,561 Deposits: Depository institutions 25,777 - 6,302 - 361 U.S. Treasury—general account 3,169 31 + 327 Foreign—official accounts 220 67 44 Other (1) 464 88 104 Total deposits 29,630 - 6,488 - 182 Deferred availability cash items (2,279 > 6,216 - 458 + 265 Other liabilities and accrued dividends 4 1,671 193 - 329 TOTAL LIABILITIES (2,280 ) 173,830 - 7,489 +10,315 CAPITAL ACCOUNTS Capital paid in 1,350 + 2 + 82 Surplus 1,278 — + 75 Other capital accounts 354 + 5 6 * 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 $2,189 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $180 million securities loaned—fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revlaued monthly at market exchange rates. Includes special investment account at Chicago of $28 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 , OCTOBER 27, 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 Loans Acceptances Holdings [ Weekly changes" Holdings Weekly cHanges Within 15 days 788 2,652 -5,054 83 -748 16 days to 90 days 34 28,224 +1,577 490 +109 91 days to 1 year 37,288 + 155 1,966 - 11 Over 1 year to 5 years 35,891 4,962 - 91 Over 5 years to 10 years 12,267 924 + 4 Over 10 years 16,282 518 Total 822 132,604 -3,322 8,943 :r737" 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 OCTOBER 27, 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 462 30 22 19 48 51 56 27 29 19 40 35 86 Loans 822 | 13 385 8 1 26 7 28 7 9 113 190 35 Acceptances held under repurchase agreements — — — — — — -- -- — — — — -- Federal agency obligations: Bought outright 8,943 413 2,813 298 590 759 228 1,269 301 113 423 606 1,130 Held under repurchase agreements 1 -- -- — — -- -- — -- — -- — -- -- U.S. government securities: Bought outright—Bills 52,322 2,418 16,459 1,743 3,454 4,440 1,331 7,425 1,761 660 2,471 3,546 6,614 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 2 132,604 6,127 41,712 4,419 8,752 11,252 3,375 18,819 4,464 1,671 6,264 8,988 16,761 Held under repurchase agreements 1 -- -- -- -- -- -- -- -- -- — -- -- -- Total U.S. government securities 132,604 6,127 41,712 4,419 8,752 11,252 3,375 18,819 4,464 1,671 6,264 8,988 16,761 Total loans and securities 142,369 6,553 44,910 4,725 9,343 12,037 3,610 20,116 4,772 1,793 6,800 9,784 17,926 Cash items in process of collection 10,789 301 926 336 367 2,155 1,488 1,134 547 408 1,024 1,131 972 Bank premises 543 97 25 51 27 111 34 18 15 27 24 16 98 Other assets 3 9,563 305 2,927 349 630 579 527 1,292 276 253 431 593 1,401 Interdistrict settlement account -0- + 266 -H,784 - 52 -1,268 - 414 + 24 -1,230 - 975 - 250 + 744 - 84 4-1,455 TOTAL ASSETS 179,092 8,342 55,025 6,188 10,167 15,859 6,288 23,523 5,237 2,460 9,858 12,501 23,644 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 $ 2,189 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 180 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 $ 28 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 27, 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 136,313 7,177 42,850 5,223 8,431 12,367 3,283 19,962 4.016 1,419 7.477 9,078 15,030 Deposits: Depository institutions 25,777 697 6,738 606 1,119 1,049 1,705 2,318 594 528 1,185 2,076 7,162 U.S. Treasury-general account 3,169 — 3,169 — — — — — — Foreign—official accounts 220 5 70 8 15 11 15 28 6 7 9 13 33 Other 465 1 404 — 1 19 1 33 — 1 2 2 1 Total deposits 29,631 703 10,381 614 1,135 1,079 1,721 2,379 600 536 1,196 2.091 7,196 Deferred availability cash items 8,495 287 782 153 247 2,074 1,004 486 468 375 954 988 677 Other liabilities and accrued dividends 1 1,671 94 259 69 137 172 59 289 68 29 96 139 260 TOTAL LIABILITIES 176,110 8,261 54,272 6,059 9,950 15,692 6,067 23,116 5.152 2,359 9,723 12.296 23,163 CAPITAL ACCOUNTS Capital paid in 1,350 34 331 60 99 72 107 183 38 49 61 93 223 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 44 10 5 17 28 49 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 179,092 8,342 55,025 6,188 10,167 15,859 6,288 23,523 5,237 2,460 9,858 12,501 23,644 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 157,281 8,347 47,419 7,802 9,298 13,690 5,532 21,318 4,959 1,905 8,734 10,866 17,411 Less-Held by F.R. Banks 20,968 1,170 4,569 2,579 867 1,323 2,249 1.356 943 486 1,257 1,788 2,381 F.R. notes, net 136,313 7.177 42,850 5,223 8,431 12,367 3,283 19.962 4,016 1.419 7,477 9.078 15.030 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 -0- — — — — — — — — — — — — U.S. govt, and agency securities 120,947 6,387 38,419 4,463 7,411 11,027 2,734 17.796 3,443 1.209 6,682 8,052 13,324 Total collateral 136,313 7,177 42,850 5,223 8.431 12,367 3,283 19.962 4,016 1.419 7,477 9,078 15,030 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