H.4.1 Factors Affecting Reserve Balances of Depository Institutions

* Of GOv4 FEDERAL RESERVE ?f^PF Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For immediate release November 19, 1982 Averages of daily figur es (millions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, WWeeeekk eennddeedd Change from week ended Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss NNoovveemmbbeerr 1177,, November 10, November 18, November 17, ]QR? IQft? IQftl 1Q82 Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 134,626 + 2,411 + 10,027 133,861 Held under repurchase agreements 253 + 253 - 1,099 — Federal agency obligations- Bought outright 8,943 — + 297 8,943 Held under repurchase agreements 58 + 58 - 140 — Acceptances- Bought outright — — — — Held under repurchase agreements 74 + 74 - 428 — Loans to depository institutions 742 + 22 + 185 425 Includes: seasonal borrowing of 48 - 2 - 54 47 extended credit of 188 - 2 + 62 186 Float 2,705 - 38 - 666 3,324 Other F.R. assets 9,361 - 563 - 658 8,604 Total Reserve Bank credit 156,762 + 2,217 + 7,518 155,157 Gold stock 11,148 — - 4 11,148 Special Drawing Rights certificate account 4,418 + 114 + 1,100 4,418 Treasury currency outstanding 13,786 — + 126 13,786 Total Factors 186,114 + 2,331 + 8,740 184,509 Currency in circulation* 151,543 + 903 + 10,784 151,707 Treasury cash holdings* 444 + 4 - 6 450 Treasury deposits with F.R. Banks 3,108 - 148 - 107 3,836 Foreign deposits with F.R. Banks 259 + 3 - 79 214 Other deposits with F.R. Banks 596 + 133 - 100 548 Required clearing balances 392 + 14 + 304 392 Other F.R. liabilities and capital 4,786 - 32 - 619 4,629 161,127 + 877 + 10,176 161,776 Reserve balances with F.R. Banks3 24,987 + 1,454 - 1,436 22,733 Total vault cash 19,898 - 274 + 1,299 19,898 (a) Vault cash at institutions with required reserve balances 13,729 - 244 + 1,026 13,729 (b) Vault cash equal to required reserves at other institutions 2,814 - 65 + 776 2,814 (c) Surplus vault cash at other institutions4 3,355 + 35 - 503 3,355 Reserve balances + total vault cash3 44,885 + 1,180 - 137 42,631 Reserve balances + total vault cash used to satisfy reserve requirements5 41,530 + 1,145 + 366 39,276 RReeqquuiirreedd rreesseerrvveess 41,130 + 1,165 + 127 41,130 EExxcceessss rreesseerrvvee bbaallaanncceess aatt FF..RR.. BBaannkkss 66 400 - 20 + 239 1,854 On November 17, 1982 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 103,372 million, an increase of $952 million for the week. 1 Net of $ 1,636 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,636 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. Government securities. 2 Net of $ 2,694 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,694 million was with foreign official and international accounts. Includes $ 186 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 reqis red reserves. (This measure of excess reserve sis 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 November 17, 1982 November 10, 1982 November 18, 1981 ASSETS Gold certificate account 11,148 ... - 4 Special Drawing Rights certif. acct. 4,418 .,. + iaoo Coin 447 - 6 + 48 Loans 425 - 2,783 - 1,019 Acceptances- Held under repurchase aggreements -- ... - 656 Federal agency abligations— Bought outright 8,943 ... + 297 Held under repurchase agreements 1 -- ... - 374 U.S. government securities: Bought outright—Bills 53,579 + 804 + 6,742 Notes 61,858 - 160 + 2,651 Bonds 18,424 + 160 + 131 Total bought outright 2 133,861 + 804 + 9,524 Held under repurchase agreements 1 -- — 1,575 Total U.S. government securities 133,861 ++ 804 ++ 7,949 Total loans and securities 143;229 - 1,979 + 6;i97 Cash items in process of collection (2,619 ) 10,972 + 2,304 + 1,063 Bank premises 546 + 1 + 53 Other assets 3 8,058 - 1,512 . 1,017 TOTAL ASSETS (2,619 ) 178,818 - 1,192 + 7,440 LIABILITIES Federal Reserve notes 138,818 + 19 + 10,548 Deposits: Depository institutions 23,127 • 2,998 „ 4,039 U.S. Treasury—general account 3,836 + 670 + 690 Foreign—official accounts 214 . 76 70 Other 546 . 7 + 24 Total deposits 27,723 _ 2,411 3,395 Deferred availability cash items (2,619 ) 7,648 + 1,195 + 1,043 Other liabilities and accrued dividends 4 1,632 + 7 992200 TOTAL LIABILITIES (2,619 ) 175,821 1,190 + 77,,227766 CAPITAL ACCOUNTS Capital paid in 1,354 + 85 Surplus Other capital accounts 1,278 + 75 365 2 + 4 * 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 $2 694 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $186 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 $24 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., 6 8 MATURITY DISTRIBUTION OF LOANS AND SECURITIES November 17, 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 416 5,682 2,320 128 128 16 days to 90 days 9 26,404 1,164 462 128 91 days to 1 year 38,595 763 1,985 Over 1 year to 5 years 34,837 909 4,926 Over 5 years to 10 years 11,901 366 924 Over 10 years 16,442 160 518 Total 425 133,861 804 8,943 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 November 17, 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. 4,418 231 1,277 216 289 390 154 618 162 58 231 296 496 Coin 447 29 20 16 48 51 53 25 27 20 41 35 82 Loans 425 4 40 __ 8 4 19 3 2 60 192 90 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 53,579 2,476 16,854 1,786 3,536 4,546 1,364 7,604 1,803 676 2,531 3,631 6,772 Notes 61,858 2,858 19,458 2,061 4,083 5,249 1,574 8,779 2,083 779 2,922 4,193 7,819 Bonds 18,424 851 5,795 614 1,216 1,563 469 2,615 620 232 871 1,249 2,329 Total bought outright 2 133,861 6,185 42,107 4,461 8,835 11,358 3,407 18,998 4,506 1 ,687 6,324 9,073 16,920 Held under repurchase agreements 1 -0- „. __ ,- -- .- -- -- -- -- -- -- -- Total U.S. government securities 133,861" 6,185 42,107 4,461 8,835 11,358 3,407 18,998 4,506 1 ,687 6,324 9,073 16,920 Total loans and securities 143,229 6,602 44,960 4,762 9,425 12,125 3,639 20,286 4,810 1 ,802 6,807 9,871 18,140 Cash items in process of collection 13,591 432 1,499 349 620 2,443 1,924 1,423 674 677 1,214 1,443 893 Bank premises 546 97 25 51 27 112 34 18 15 27 24 16 100 Other assets 3 8,058 255 2,292 309 544 469 513 1,114 231 241 379 504 1,207 Interdistrict settlement account -0- + 334 -1- 3,377 4- 99 - 1,097 - 425 + 17 - 1,080 - 892 - 393 + 749 - 618 71 TOTAL ASSETS 181,437 8,550 56,662 6,356 10,600 16,132 6,736 23,980 5,445 2 ,586 10,020 12,290 22,080 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 $ 2,694 million matched saie-purchase transactions outstanding at the end of the latest statement week. Includes $ 186 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 $ 24 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 17. 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 138,818 7,388 43,448 5,372 8,703 12.424 3,513 20,268 4,198 1,460 7.596 9,157 15,291 Deposits: Depository institutions 23,127 627 6,644 559 1,209 1,024 1,570 2.351 550 522 1,024 1,781 5,266 U.S. Treasury—general account 3,836 3,836 Foreign-official accounts 214 5 56 9 16 11 16 30 6 8 9 14 34 Other 546 1 490 24 1 25 2 1 2 Total deposits 27,723 633 11,026 568 1,225 1,059 1,587 2,406 556 530 1,035 1,796 5,302 Deferred availability cash items 10,267 354 1,196 220 320 2,312 1,357 611 540 465 1,159 995 738 Other liabilities and accrued dividends 1 1,632 93 238 67 135 169 57 286 66 28 94 134 265 TTOOTTAALL LLIIAABBIILLIITTIIEESS 178,440 8,468 55,908 6.227 10,383 15,964 6,514 23,571 5,360 2,483 9,884 12,082 21,596 CCAAPPIITTAALL AACCCCOOUUNNTTSS CCaappiittaall ppaaiidd iinn 1,354 35 331 60 99 72 108 184 38 49 61 94 223 SSuurrpplluuss 1,278 33 319 53 96 66 97 180 37 47 57 84 209 OOtthheerr ccaappiittaall aaccccoouunnttss 365 14 104 16 22 30 17 45 10 7 18 30 52 TTOOTTAALL LLIIAABBIILLIITTIIEESS AANNDD CCAAPPIITTAALL AACCCCOOUUNNTTSS 181,437 8.550 56,662 6,356 10,600 16,132 6,736 23,980 5,445 2,586 10,020 12.290 22,080 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 158,275 8,245 47,671 7.754 9,398 13,623 5,645 21.285 5,118 1,981 8,826 11,015 17,714 Less-Held by F.R. Banks 19,457 857 4,223 2,382 695 1,199 2,132 1,017 920 521 1,230 1.858 2,423 F.R. notes, net 138,818 7 .388 43.448 5,372 8.703 12,424 3,513 20,268 4,198 1,460 7,596 9,157 15,291 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. 4,418 231 1.277 216 289 390 154 618 162 58 231 296 496 Other eligible assets 51 51 U.S. govt, and agency securities 123,201 6,587 38.959 4,602 7,670 11,067 2,957 18,074 3,618 1,248 6,739 8,118 13.562 Total collateral 138,818 7.388 43.448 5,372 8,703 12.424 3,513 20,268 4,198 1,460 7.596 9,157 15,291 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