H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE statistical release For release at 4:15 p.m. EST December 17, 1982 H.4.1 NOTICE Because of the Christmas holiday next week, the H.4.1 statistical release "Factors Affecting Reserves of Depository Institutions and Condition Statement of FR Banks" will not be published on Friday, December 24. It will be issued on Thursday, December 23—time to be announced. The same procedure will be followed for the New Year's holiday. The H.4.1 release will be issued on December 30 instead of Friday, December 31. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For Release at 4:15 p.m. EST December 17, 1982 Averages of daily figures (millions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, WWeeeekk eennddeedd Change from week ended WWeeddnneessddaayy RR i l pp v cc o pp ci rr ww vc pp RR UC aa I nn III kk V rr v rr « pp ic rr u iiii i tt i f uu a nn ii cc \j ii i rr pp U ll I aa Q tt IC pp V HH J ii i tt i pp c mm iii cc d DDeecceemmbbeerr 1155,, December 8, December 16. DDeecceemmbbeerr 1155,, 1982 * 1982 1981 1982* Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 136,700 + 1,192 + 8,241 137,653 Held under repurchase agreements 466 + 466 + 466 577 Federal agency obligations- Bought outright 8,938 - 5 - 187 8,937 Held under repurchase agreements 151 + 151 + 151 301 Acceptances- Bought outright __ — — — Held under repurchase agreements 75 + 75 + 75 105 Loans to depository institutions 703 + 264 + 301 3,368 Includes: seasonal borrowing of 24 - 2 - 22 29 extended credit of 189 + 3 + 54 191 Float 2,374 - 853 - 1,204 3,310 Other F.R. assets 9,309 + 74 - 526 9,586 Total Reserve Bank credit 158,716 + 1,363 + 7,317 163,837 Gold stock 11,148 — - 4 11,148 Special Drawing Rights certificate account 4,418 — + 1,100 4,418 Treasury currency outstanding 13,786 — + 107 13,786 Total Factors 188,068 + ~ 1,363 + 8,520 193,189 Currency in circulation** 153,853 + 1,039 + 10,588 154,636 Treasury cash holdings** 443 + 3 - 2 440 Treasury deposits with F.R. Banks 3,341 + 307 + 569 2,918 Foreign deposits with F.R. Banks 272 + 38 - 32 385 Other deposits with F.R. Banks 524 - 231 - 54 516 Required clearing balances 422 + 7 + 314 422 Other F.R. liabilities and capital 4,910 - 233 - 1,053 . 4,827 163,765 + 931 + 10,330 164,144 Reserve balances with F.R. Banks3 24,303 + 432 _ 1,810 29,045 Total vault cash 21,380 + 1,114 + 1,049 21,380 (a) Vault cash at institutions with required reserve balances 14,560 + 269 + 663 14,560 (b) Vault cash equal to required reserves at other institutions 3,223 + 457 + 907 3,223 (c) Surplus vault cash at other institutions4 3,597 + 388 - 521 3,597 Reserve balances + total vault cash3 45,683 + 1,546 - 761 50,425 Reserve balances + total vault cash used to satisfy reserve requirements5 42,086 + 1,158 - 240 46,828 Required reserves 41,498 + 872 - 619 41,498 Excess reserve balances at F.R. Banks 6 588 +_ 286 + 379 5,330 On December 15, 1982 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 105,501 million, an increase of $386 million for the week. 1 Net of $ 2,839 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,839million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 2,488 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,488 million was with foreign official and international accounts. Includes $ 293 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 (St. Louis District). **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 tttt WWeeddnneessddaayy **** Wednesday Wednesday December 15, 1982 December 8, 1982 December 16, 1981 ASSETS Gold certificate account 11,148 — - 4 Special Drawing Rights certif. acct. 4,418 — + 1,100 Coin 439 + 6 + 51 Loans 3,368 + 1,935 + 2,863 Acceptances- Held under repurchase aggreements 105 + 105 + 105 Federal agency abligations— Bought outright 8,937 ' - 6 - 188 Held under repurchase agreements 1 301 + 301 + 301 U.S. government securities: Bought outright-Bills 56,471 + 3,966 + 6,130 Notes 62,626 — + 2,798 Bonds 1188,,555566 -- ++ 155 Total bought outright 2 113377,,665533 ++ 3,966 ++ 9,083 Held under repurchase agreements 1 577 + 577 + 577 Total U.S. government securities 138,230 + 4,543 + 9,660 Total loans and securities 150,941 + 6,878 + 12,741 Cash items in process of collection ( 2,716) 10,737 + 792 - 2,448 Bank premises 548 + 2 + 68 Other assets 3 9,038 + 222 + 285 TOTAL ASSETS (( 22,,771166)) 187,269 ++ 7,900 ++ 11,793 LIABILITIES Federal Reserve notes 141,729 + 969 + 10,693 Deposits: Depository institutions 29,469 + 7,390 + 2,541 U.S. Treasury-general account 2,918 - 932 - 434 Foreign-official accounts 385 + 197 + 121 Other (1) 514 - 189 . 65 Total deposits (1) 1 33,286 + 6",45o" + 2,163 Deferred availability cash items ( 2,715) 7,427 + 792 - 76 Other liabilities and accrued dividends 4 1,848 - 305 - 1,127 TOTAL LIABILITIES ( 2,716) 184,290 + 7,922 + 11,653 CAPITAL ACCOUNTS Capital paid in 1,355 + 1 + 82 Surplus 1,278 -- + 75 Other capital accounts 346 - 23 - 17 * 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 $1,076 million was outstanding at the end of the latest statement week 2 Net of $2,488 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $293 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. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. **Estimated (St. Louis District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES December 15, 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 3,209 105 6,969 + 3,567 348 + 282 16 days to 90 days 159 -- 27,134 + 147 706 + 112 91 days to 1 year -- -- 40,393 + 829 1,893 107 Over 1 year to 5 years — -- 35,065 .. 4,820 1 Over 5 years to 10 years -- -- 12,095 -- 953 + 9 Over 10 years 1166,,557744 -- 551188 ... Total 33,,336688 TTuuTT"" 113388||223300 ++ 4,543 **,,MM88 ++ 295 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 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 1,476 418 154 675 743 1,233 Special Drawing Rights certif. acct. 4,418 231 1,277 216 289 390 154 618 162 58 231 296 496 Coin 439 26 27 14 48 50 48 26 26 19 43 33 79 Loans 3,368 200 976 144 153 226 120 377 130 16 71 193 762 Acceptances held under repurchase agreements 105 -- 105 -- -- — -- -- — — -- -- — Federal agency obligations: Bought outright 8,937 413 2,811 298 590 758 227 1,268 301 113 422 606 1,130 Held under repurchase agreements 1 301 -- 301 — -- -- — -- -- -- -- -- !-- U.S. government securities: Bought outright-Bills 56,471 2,609 17,763 1,882 3,727 4,791 1,438 8,015 1,901 711 2,668 3,828 7,138 Notes 62,626 2,894 19,700 2,087 4,133 5,314 1,594 8,888 2,108 789 2,958 4,245 7,916 Bonds 18,556 857 5,837 618 1.225 1,575 472 2,633 625 234 877 1,258 2,345 Total bought outright 2 137,653 6,360 43,300 4,587 9,085 11,680 3,504 19,536 4,634 1,734 6,503 9,331 17,399 Held under repurchase agreements 1 577 , -- 577 -- -- -- -- -- -- -- — — — Total U.S. government securities 138,230 6,360 43,877 4,587 9,085 11,680 3,504 19,536 4,634 1,734 6,503 9,331 17,399 Total loans and securities 150,941 1 6,973 48,070 5,029 9,828 12,664 3,851 21,181 5,065 1,863 6,996 10,130 19,291 Cash items in process of collection 13,453 469 1,482 403 539 2,591 1,870 1,444 468 481 1,347 1,198 1,161 Bank premises 548 97 25 51 27 110 34 19 15 27 24 16 103 Other assets 3 9,038 277 2,717 336 606 529 532 1,227 263 257 405 560 1,329 Interdistrict settlement account -0- + 79 + 2,151 56 -1,269 - 806 - 279 -1,181 - 575 + 125 + 722 94 •h 1,183 TOTAL ASSETS 189,985 &V722 58,961 6,547 10,812 16,495 6,612 24,810 5,842 2,984 10,443 12,882 24,875 1 Oom not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ x ,076 million was outstanding at the end of the latest statement week. 2 Net of $ 2,488 million matched saie-purchase transactions outstanding at the end of the latest statement week. Includes $ 293 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. ^'Estimated (St. Louis District) 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 DECEMBER 15, 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 141 ,729 7,221 44 ,330 5,564 8,925 12 ,519 3,239 20 ,773 4,692 1,727 7,836 9,429 15 ,474 Deposits: Depository institutions 29 ,469 974 8 ,807 566 1,223 1 ,089 1,735 2 ,668 667 707 1,200 2,066 7 ,767 U.S. Treasury—general account 2 ,918 — 2 ,918 — — — — — — Foreign—official accounts 385 4 244 7 14 9 14 28 5 6 8 12 34 Other 515 1 461 — 1 16 2 29 — — 2 2 1 Total deposits ~33 ,287 979 "72", 430 573 1,238 f ,114 1,751 2 ,725 672 713 1,210 2,080 _ ,802 Deferred availability cash items 10 ,142 347 1 ,047 214 299 2 ,535 1,339 618 326 412 1,168 983 854 Other liabilities and accrued dividends 1 1 ,848 93 405 68 134 161 62 287 67 29 94 183 265 TOTAL LIABILITIES 187 ,006 8,640 "18", 212 6,419 10,596 "TeT ,329 6,391 ~24" ,403 5,757 2,881 10,308 12,675 ~U ,395 CAPITAL ACCOUNTS Capital paid in 1 ,355 35 330 60 99 72 108 185 38 49 62 94 223 Surplus 1 ,278 33 319 53 96 66 97 180 37 47 57 84 209 Other capital accounts 346 14 100 15 21 28 16 42 10 7 16 29 48 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 189 ,985 8,722 58 ,961 6,547 10,812 16 ,495 6,612 24 ,810 5,842 2,984 10,443 12,882 24 ,875 FEDERAL RESERVE AGENTS' ACCOUNTS F R. notes outstanding 161 ,122 8,163 48 ,062 7,656 9,630 13 ,845 5,425 22 ,280 5,493 2,211 9,042 11,245 18 ,070 Less—Held by F.R. Banks 19 ,393 942 3 ,732 2,092 705 1 ,326 2,186 1 ,507 801 484 1,206 1,816 2 ,596 F.R. notes, net 141 ,729 7,221 44 ,330 5,564 8,925 12 ,519 3,239 20 ,773 4,692 1,727 7,836 9,429 15 ,474 Collateral held against F.R. notes: Gold certificate account 11 ,148 570 3 ,212 554 744 967 402 1 ,476 418 154 675 743* 1 ,233 Special Drawing Rights certif. acct. I 4 418 231 1 ,277 216 289 390 154 618 162 58 231 296 496 Other eligible assets 10 — — — — — — — — — 10 — — U.S. govt, and agency securities 126 ,153 6,420 39 ,841 4,794 7,892 11 ,162 2,683 18 ,679 4,112 1,515 6,920 8,390 13 745 Total collateral 141 729 7,221 44 ,330 5,564 8,925 12 ,519 3,239 20 ,773 4,692 1,727 7,836 9,429 15^ 474 * Estimated (St. Louis District). 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