H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•KSSS&-. FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R, Banks H.4.1. For immediate release November 5, 1982 | Averages of daily figures (millions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, Weekended | Change from week ended Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss Nov. 3, 1982 Oct.^ 27, 1982 1 Nov. 4, 1981 Nov. 3, 1982 Reserve Bank credit: l_ [2 - U.S. government securities- • Bought outright-system account 132,280 - 4>2 +8,484 132,105 Held under repurchase agreements — — - 182 — Federal agency obligations- Bought outright 8,943 — . + 297 8,943 Hald under repurchase agreements — — .- 37 — Acceptances- Bought outright — • — i "; •• — — Held under repurchase agreements — — - 95 — Loans to depository institutions 459 + 7 - 774 758 Includes: seasonal borrowing of 77 - 13 - 57 63 extended credit of 192 + 13 - 260 195 Float 1,850 + 115 , - 690 3,*36 Other F.R. assets 10,091 ±-191 + 330 10,336 Total Reserve Bank credit 153,623 - "T58. +7,333 156,078 Gold stock 11,148 — 4 11,148 Special Drawing Rights certificate account 4,218 — + 900 4,218 Treasury currency outstanding 1133,,778866 — ++ 113355 13,786 Total Factors 118822,,777755 ~ 158 ++88,,336644 185,230 Currency in circulation* 149,339 + 532 +10,819 150,169 Treasury cash holdings* 440 — 7 440 Treasury deposits with F.R. Banks 2,654 - 120 - 756 3,154 Foreign deposits with F.R. Banks 313 + 60 - 110 300 Other deposits with F.R. Banks 502 - 48 - 271 467 Required clearing balances 355 + 17 + 279 355 Other F.R. liabilities and capital 4,802 - 28 - 432 4,618 158,406 + 415 +9,522 159,503 • Reserve balances with F.R. Banks3 24,369 - 573 -1.158 25,727 Total vault cash 20,162 + 881 + 925 20,162 (a) Vault cash at institutions with required reserve balances 14,156 + 399 1 + 832 14,156 (b) Vault cash equal to required reserves at other institutions 2,730 + 321 j + 642 j 2,730 (c) Surplus vault cash at other institutions4 3,276 + 161 - 549 3,276 Reserve balances + total vault cash3 44,531 1 + 308 - 233 45,889 Reserve balances + total vault cash used to satisfy reserve requirements5 41,255 + 147 + 316 42,613 Required reserves 40,703 - 75 + 168 *0,703 E xcess reserve balances at F. R. Banks6 | 552 1 + 222 1 + 148 1,910 On November 3, 1982 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official an indter national accounts were $ 101,394 million, an increase of $1,191 million for the week. 1 Net of $ 2,512 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $2,512 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 2,687 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,687 million was with foreign official and international accounts. Includes $ 217 million securities loaned-fuily 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 vaul tcash 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 Grange since ** WWeeddnneessddaayy Wednesday | Wednesd ay November 3. 1982 Octobe r 27. 1982 1 November 4, 1981 ASSETS Gold certificate account 11,148 -- - 4 Special Drawing Rights certif. acct. 4,219 -- + 900 Coin 458 - 4 + 57 Loans Acceptances- 758 - 64 - 1,183 Held under repurchase aggreements — -- 664 Federal agency abligations- Bought outright 8,943 — + 297 Held under repurcria.se agreements 1 -- — - 259 U.S. government securities: Bought outright-Bills 51,323 - 499 + 5,503 Motes 62,018 -- + 2,589 Bonds 1188,,226644 • - ++ 293 .. Total bought outright 2 113322,,110055 499 ++ 8,385 Held under repurchase agreements 1 -- — 1.276 Total U.S. government securities 132,105 499 ++ ~~ 7,109 Total loans and securities 141,806 . 563 + 5,300 Cash items in process of collection (2,862) 11,540 4. 3,031 + 1,342 Bank premises 545 + 2 -f 54 Other assets 3 9,791 + 228 - 1.09 TOTAL ASSETS (2,862) 179,506 + 2,694 + ~ 7.540 LIABILITIES Federal Reserve notes 137,281 + 968 + 10,633 Deposits: Depository institutions 26,085 + 308 . 3,385 U.S. Treasury—general account 3,154 . 15 - 43 Foreign—official accounts 300 + 80 . 103 Other ((1199)) 446644 — __ 262 Total deposits ((1199))'' 3300,,000033 ++ 373 3,793 Deferred availability cash items (2,843) 7,604 + 1,388 + 1,174 Other liabilities and accrued dividends4 1.648 - 23 - 607 TOTAL LIABILITIES (2,862 ) 176,536 + 2,706 + 7,407 CAPITAL ACCOUNTS Capital paid in 1,351 + 1 + 83 Surplus 1,278 -- • + 75 Other capital accounts 341 - 13 - 25 * 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 $2,687 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $217 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 $34 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 November 3, 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 1 Weekly changes Within 15 days 729 -. 5,238 + 2,586 -0- 83 16 days to 90 days 29 -- 25,970 - 2,254 590 + 100 91 days to 1 year -- -- 36,602 - 686 1,949 17 Over 1 year to 5 years -- -- 35,746 - 145 4,962 .. Over 5 years to 10 years -- -- 12,267 — 924 .. Over 10 years -- --44rr-- 1166,,228822 .. — 551188 — Total 758 113322,,110055 499 88,,994433 — Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON November 3, 1982 Millions of dollars Ii 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 1,219 206 276 173 147 590 155 56 220 283 473 Coin 458 30 21 18 48 31 55 27 28 19 40 35 8€ Loans 758 7 144 12 92 7 7 113 23 3 76 184 10 Acceptances held under repurchase agreements -0- 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 -0- U.S. government securities: Bought outright-Bills 51,823 2,395 16,302 1,727 3,421 4,397 1,318 7,354 1,744 653 2,448 3,513 6,551 Notes 62,018 2,865 19,508 2,067 4,093 5,262 1,579 3,802 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 2 132,105 6,104 41,555 4,403 8,719 11,209 3,362 18,748 4,447 1,664 6,241 8,955 16,698 Held under repurchase agreements 1 -0- Total U.S. government securities 132^105 , 6,104 __41,5_5_5___ 4,403 8,719 11,209 3,362 18,748 4,447 1,664 6,241 8.,?55 16.»698 Total loans and securities 141,806 6,524 44,512 4,713 9,401 11,975 3,597 20,130 4,771 1,780 6,740 9,745 17,918 Cash items in process of collection 14,402 485 1,014 353 410 2,917 1,969 1,595 935 551 1,627 1,517 1,029 Bank premises 545 97 25 51 27 112 34 18 14 27 24 16 100 Other assets 3 9,791 309 2,916 391 633 576 530 1,436 291 258 433 632 1,384 Interdistrict settlement account -0- + 177 +2*934 + 101 -1,226 - ?31 - 362 _-1,112 -1,027 • 234 + 552 -J J>23, -±1,951- TOTAL ASSETS 182,368 8,412 55,855 6,387 10,313 16,240 6,372 24,260 5,585 2,611 10,211 11,?48 24,174 1 Does not include U.S. government and federal agency securities resold under matched sate-purchase transactions to foreign official ynd international accounts, of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 2,687 million matched sale-purch^s* transactions outstanding at the end of the latest statement week. Includes $ 217 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 $ 34 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 November 3, 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 137,281 7,238 43,162 5,307 8,533 12,452 3,159 20,143 4,060 1,425 7,516 9,168 15,118 Deposits: Depository institutions 26,085 637 7,407 601 1,106 983 1,595 2,818 563 588 978 1,375 7,434 U.S. Treasury-general account 3,154 — 3,154 — — — — — — — — — Foreign—official accounts 300 7 113 10 19 13 19 35 7 9 11 16 41 Other 483 1 395 — 4 24 6 47 1 ~ 1 1 3 Total deposits 30,022 645 11,069 611 1,129 1,020 1,620 2,900 571 597 990 1,392 7,478 Deferred availability cash items 10,447 357 630 274 305 2,437 1,287 528 802 459 1,477 1,043 848 Other liabilities and accrued dividends 1 1,648 91 245 67 131 165 86 283 67 27 95 138 253 TOTAL LIABILITIES 179,398 8,331 55,106 6.259 10,098 16,674 6,152 23,854 5,500 2,508 10,078 11,741 23,697 CAPITAL ACCOUNTS Capital paid in 1,351 35 331 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 341^ 13 99 15 20 28 16 43 10 7 15 30 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 182,368 8,412 55,855 6,387 10,313 16,240 6,372 24,260 5,585 2,611 10,211 11,948 24,174 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 157,578 8,317 47.547 7,768 9,307 13,666 5,388 21,381 5,004 1,923 8,801 10,980 17,496 Less-Held by F.R. Banks 20,297 1,079 4,385 2,461 774 1,214 2,229 1,238 944 498 1,235 1,812 2,378 F.R. notes, net 137,281 7,238 43,162 5,307 8,533 12,452 3,159 20,143 4,060 1,425 7,516 9,168 15,118 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 66 "" — — -- — — — -- -- 66 -. _. U.S. govt, and agency securities 121,849 6.448 38.731 4,547 7.513 11.112 2.610 17,977 3,487 1.215 6^655 8.142 13,412 Total collateral 137,281 7,238 43,162 5,307 8,533 12,452 3,159 20,143 4,060 1,425 7,516 9,168 15,118 1 Includes exchange translation account reflecting the monthly revaluatton at market exchange rates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis