H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE ••?f§Lll^:- Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Ban&s^ For Release at 4:15 p.m. EST H.4.1. February 11, 1983 Averages of daily figures (millions of doll ars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, WWeeeekk eennddeedd Change from week ended WWeeddnneessddaayy RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss FFeebbrruuaarryy 99,, FFeebbrruuaarryy 22,, '' February 10, FFeebbrruuaarryy 99,, 1983 11998833 1982 1983 Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 133,081 + 502 + 8,006 133,976 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 8,924 3 129 8,924 Held under repurchase agreements — — —. — Acceptances- Bought outright — — — — Held under repurchase agreements — —. — — Loans to depository institutions 372 13 - 1,290 541 Includes: seasonal borrowing of 35 2 79 36 extended credit of 234 + 23 + 9 229 Float 1,985 - 154 - 1,131 2,496 Other F.R. assets 9,797 + 50 + 129 10,029 Total Reserve Bank credit 154,158 + 381 + 5,584 155,966 Gold stock 11,144 — 7 11,144 Special Drawing Rights certificate account 4,618 — + 1,050 4,618 Treasurv currency outstanding 13,786 — 4- 81 13,786 Total Factors 183~706 + 381 + 6,708 185,514 Currency in circulation* 151,406 + 825 +10,886 152,627 Treasury cash holdings* 450 + 4 12 450 Treasury deposits with F.R. Banks 3,456 + 1,025 - 1,863 2,699 Foreign deposits with F.R. Banks 231 36 48 201 Other deposits with F.R. Banks 585 11 + 95 580 Required clearing balances 500 + 22 + 363 500 Other F.R. liabilities and capital 4,701 117 - 396 4,649 161,329 + 1,713 + 9,025 161,706 Reserve balances with F.R. Banks3 22,376 - 1,332 - 2,318 23,807 Total vault cash 20,946 283 + 884 20,946 (a) Vault cash at institutions with required reserve balances 14,170 387 + 561 14,170 (b) Vault cash equal to required reserves at other institutions 2,774 + 141 + 428 2,774 (c) Surplus vault cash at other institutions4 4,002 37 105 4,002 Reserve balances + total vault cash3 43,322 - 1,615 - 1,434 44,753 Reserve balances + total vault cash used to satisfy reserve requirements5 39,320 - 1,578 - 1,329 40,751 Required reserves 39,032 - 1,452 - 1,500 39,032 Excess reserve balances at F.R. Banks 288 - 126 + 171 1,719 On February 9, 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 112,043 million, a decrease of $145 million for the week. 1 Net of $ 2,238 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $2,238 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. Government securities. 2 Net of $ 1,116 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,116 million was with foreign official and international accounts. Includes $ 80 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 February 9, 1983 February 2, 1983 February 10, 1982 ASSETS Gold certificate account 11,144 -- - 7 Special Drawing Rights certif. acct. 4,618 -- + 1,050 Coin 517 + 9 + 89 Loans 541 + 8 - 1,742 Acceptances- -- — ,.. Held under repurchase aggreements Federal agency abligations- Bought outright 8,924 -- 122 Held under repurchase agreements 1 -- -- -- U.S. government securities: Bought outright—Bills 52,794 - 553 + 5,990 Notes 62,626 -- + 2,648 Bonds 1188,,555566 -- 155 Total bought outright 2 113333,,997766 ..»» 553 ++ 8,793 Held under repurchase agreements 1 -- -- — Total U.S. government securities 133,976 —— 553 ++ 8,793 Total loans and securities 143,441 - 545 + 6,929 Cash items in process of collection (1,924) 8,725 - 1,264 - 667 Bank premises 552 + 1 + 49 Other assets 3 9.477 + 194 + 156 TOTAL ASSETS (1,924) 178,474 - 1,605 + 7,599 LIABILITIES Federal Reserve notes 139,809 + 1,510 + 11,391 Deposits: Depository institutions 24,308 . 1,339 . 2,456 U.S. Treasury—general account 2,699 - 623 - 1,718 Foreign—official accounts 201 - 25 - 139 Other 579 - 55 + 50 Total deposits 27,787 - 2,042 - 4,263 Deferred availability cash items (1,924) 6,229 - 1,121 + 789 Other liabilities and accrued dividends 4 1,612 - 57 _ 484 TOTAL LIABILITIES (1,924 ) 175,437 - 1,710 + 7,433 CAPITAL ACCOUNTS Capital paid in 1,382 — + 93 Surplus 1,359 — + 81 Other capital accounts 296 + 105 - 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 $1,473 million was outstanding at the end of the latest statement week 2 Net of $1,116 million matched sale-purchase transactions outstanding at the end of the latest statement week. •Includes $80 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, February 9, 1983 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 j Weekly changes Within 15 days 524 -- 8,046 + 1,901 -0- _ — 16 days to 90 days 17 -- 23,800 - 1,767 925 + 125 91 days to 1 year -- -- 38,373 - 687 1,803 125 Over 1 year to 5 years -- -- 35,092 -- 4,736 -- Over 5 years to 10 years — -- 12,091 -- 942 Over 10 years ffff 1166,,557744 — 551188 -- Total 5544FF 113333,,997766 __ 553 88,,992244 -- 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 February 9, 1983 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,144 570 3,208 554 744 967 402 1,476 418 154 675 743 1,233 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 517 33 33 18 59 60 56 32 29 23 50 36 88 Loans 541 19 175 20 10 19 33 27 10 2 28 194 4 Acceptances held under repurchase agreements -0- — -- -- -- -- -- -- -- .-- -- -- — Federal agency obligations: Bought outright 8,924 412 2,807 297 589 757 227 1,267 300 113 422 605 1,128 Held under repurchase agreements 1 -0- -- -- — -- — -- -- -- -- -- -- -- U.S. government securities: Bought outright-Bills 52,794 2,439 16,606 1,760 3,484 4,479 1,344 7,493 1,778 665 2,494 3,579 6,673 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 2 133,976 6,190 42,143 4,465 8,842 11,368 3,410 19,014 4,511 1,688 6,329 9,082 16,934 Held under repurchase agreements i -0- . -- -- -- — — -- -- -- -- -- — -- Total U.S. government securities 133,976 1 6,190 42,143 4,465 ' 8,542 " 11,368 ' 3,410 19,014 4,511 1,688 6,329 9,082 "16,934 Total loans and securities 143,441 6,621 45,125 4,782 9,441 12,144 3,670 20,308 4,821 1,803 6,779 9,881 18,066 Cash items in process of collection 10,649 350 853 305 224 1,863 1,412 970 498 360 965 972 1,877 Bank premises 552 97 25 51 27 111 34 19 15 27 24 16 106 Other assets 3 9,477 310 2,700 371 624 598 640 1,280 277 247 433 619 1,378 Interdistrict settlement account -0- + 14 + 3,396 - 70 - 1,096 - 519 - 928 990 571 + 129 + 619 - 715 + 731 TOTAL ASSETS 180,398 §7236 56,675 6,236 10,325 15,632 5,447 23,741 5,657 2,804 9,786 11,862 23,997 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 $ 1,473 million was outstanding at the end of the latest statement week. 2 Net of $ 1,116 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 80 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 February 9, 1983 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 139,809 7,136 45,154 5,368 8,574 12,545 2,521 20,187 4,484 1,748 7,432 8,761 15,899 Deposits: Depository inst tutions 24,308 639 6,401 491 1,228 938 1,611 2,382 622 595 1,198 1,957 6,246 U.S. Treasury—general account 2,699 — 2,699 — — — — — — — — — — Foreign—official accounts 201 4 87 7 11 8 12 21 4 5 7 10 25 Other 579 1 507 — — 27 1 37 — — 3 22 1 Total deposits 27,787 644 9,694 498 1,239 973 1,624 2,440 626 600 1,208 11,,996699 6,272 Deferred availability cash items 8,153 288 661 176 181 1,806 1,027 453 403 130 927 806 1,095 Other liabilities and accrued dividends 1 1,612 80 399 59 114 144 49 245 57 25 82 116 242 TOTAL LIABILITIES 177,361 8,148 55,908 6,101 10,108 15,468 5,221 23,325 5,570 2,703 9,649 ~11,652 23,~508 CAPITAL ACCOUNTS Capital paid in 1,382 38 340 63 99 71 110 188 39 49 62 96 227 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 296 15 95 12 19 21 7 43 10 3 13 20 38 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 180,398 8,236 56,675 6,236 10,325 15,632 5,447 23,741 5,657 2,804 9,786 11,862 23,^97 FEDERAL "RESERVE AGENTS' ACCOUNTS P.R. notes outstanding 159,480 8,186 48,213 7,384 9,437 13,874 4,967 22,037 5,346 2,294 8,864 10,711 18,117 Less-Held by F.R. Banks 19,671 1,050 3,059 2,016 913 1,329 2,446 1,850 862 546 1,432 1,950 2,218 F.R. notes, net 139,809 7,136 45,154 5,368 8,574 12,545 2,521 20,187 4,484 1,748 7,432 8,761 15,899 Collateral held against F.R. notes: Gold certificate account 11,144 570 3,208 554 744 967 402 1,476 418 154 675 743 1,233 Spec?a5 Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Other eligible assets - 0 - — — — — — — — — — — — — U.S. govt, and agency securities 124,047 6,325 40,611 4,589 7,528 11,170 1,958 18,065 3,896 1,533 66,,551166 77,,770088 14,148 Total collateral 139,809 7,136 45,154 5,368 "8,574 12,545 2,521 20,187 4,484 1,748 ""77,,443322 88,,776611 15,899 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