H.4.1 Factors Affecting Reserve Balances of Depository Institutions

^^sgs&u: FEDERAL RESERVE •?fOT^-- Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks For Release at 4:15 p.m. E H.4.1. February 18, 1983 ... uuu>>>[[[ ,,,,,, ... | Averages of daily figu res (mill ions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, WWeeeekk eennddeedd | Change from week ended Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss February 9, ™^ ry 17, February 16, FFee^^99§§33rryy 1166,, | 1983 y *__ 1983 Reserve Bank credit: FT U.S. government securities- Bought outright—system account 133,833 1 + 752 + 8,636 134,138 Held under repurchase agreements — — ~ 2,345 — Federal agency obligations- Bought outright 8,924 — - 122 1 8,924 Held under repurchase agreements — — - 95 — Acceptances- Bought outright — — — — Held under repurchase agreements — - 396 — Loans to depository institutions 869 + 497 - 1,039 3,518 Includes: seasonal borrowing of 39 + 4 - 95 41 extended credit of 274 + 40 + 47 202 Float 2,760 + 736 + 333 2,690 Other F.R. assets 9,665 132 + 43 8,781 Total Reserve Bank credit 156,050 + 1,852 + 5,016 158,051 Gold stock 11,143 - 1 - 8 11,142 Special Drawing Rights certificate account 4,618 — + 1,050 4,618 Treasury currency outstanding 13,786 ~ + 76 13,786 Total Factors 185,598 ___ 1,852 + 6,135 187,597 Currency in circulation* 151,851 + 531 + 10,662 152,218 Treasury cash holdings* 450 — - 15 450 Treasury deposits with F.R. Banks 3,271 - 185 - 1,297 4,057 Foreign deposits with F.R. Banks 246 •f 15 - 75 197 Other deposits with F.R. Banks 545 - 40 + 56 524 Required clearing balances 504 + 4 + 361 504 Other F.R. liabilities and capital 4,792 + 91 - 675 4,652 161,660 + 417 + 9,017 162,602 Reserve balances with F.R. Banks3 23,937 + 1,436 _ 2,884 24,994 Total vault cash 20,386 - 560 + 1,166 20,386 (a) Vault cash at institutions with required reserve balances 13,772 - 398 + 842 13,772 (b) Vault cash equal to required reserves at other institutions 2,659 ! - 115 + 404 2,659 (c) Surplus vault cash at other institutions4 3,955 - 47 - 80 3,955 Reserve balances + total vault cash3 44,323 1 + 876 - 1,718 45,380 Reserve balances + total vault cash used to satisfy reserve requirements5 40,368 + 923 - 1,638 41,425 Required reserves 39,416 | + 384 - 2,022 | 39,416 Excess reserve balances at F.R. Banksft 952 1 + 539 1 + 384 j 2,009 On February 16, 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 113,251 million, an increase of $1,208 million for the week. 1 Net of $1 >431 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $1,431 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 1,541 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,541 million was with foreign official and international accounts. Includes $ 135 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 ** WWeeddnneessddaayy Wednesday Wednesday February 16, 1983 February 9, 1983 February 17, 1982 ASSETS Gold certificate account 11,142 - 2 . 9 Special Drawing Rights cert if. acct. 4,618 -- + 1,050 Coin 510 - 7 + 79 Loans 3,518 + 2,977 + 2,013 Acceptances- Held under repurchase aggreements — -• . 453 Federal agency abligations- Bought outright 8,924 — - 122 Held under repurchase agreements 1 .. — - 172 U.S. government securities: Bought outright-Bills 52,956 + 162 + 5,310 Notes 62,187 - 439 + 1,898 Bonds 18,995 + 439 + 905 Total bought outright 2 134,138 + 162 + 8,113 Held under repurchase agreements 1 — — 4,328 Total U.S. government securities 134,138 ++ 162 ++ 3,785 Total loans and securities 146,580 + 3,139 + 5,051 Cash items in process of collection ( 2,396) 9,921 + 1,796 • 3,748 Bank premises 553 + 1 + 48 Other assets 3 8,228 - 1,249 - 92 TOTAL ASSETS ( 2,396) 181,552 + 3,678 + 2,379 LIABILITIES Federal Reserve notes 139,393 + 184 + 10,716 Deposits: Depository institutions 25,499 + 1,191 - 4,308 U.S. Treasury-general account 4,057 + 1,358 . 1,484 Foreign-official accounts 197 - 4 . 74 Other (1) 523 - 56 + 14 Total deposits 30,276 + 2,489 . 5,852 Deferred availability cash items (i 2 ( , 1 3 ) 95i > 7,231 + 1,002 „ 1,649 Other liabilities and accrued dividends 4 1,603 . 9 — 1,007 TOTAL LIABILITIES ( 2,396) 178,503 + 3,666 + 2,208 CAPITAL ACCOUNTS Capital paid in 1,385 + 3 + 94 Surplus 1,359 _„ + 81 Other capital accounts 305 + 9 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 statement week ^ern.tlon.1 accounts of which $1,103 million was outstanding at the end of tnT'test 2 Net of $1 541 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $135 million securities loaned-fully secured by U.S. government securities. 8^tement week. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes snecial investment account at Chicago of $31 million in Treasury Bills maturing within 90 days. deludes special « ££ "^itm:ntsr!nSlati°n aCC°Unt refleCtlng the m°nthl* -valuation at market exchange rates of foreign MATURITY DISTRIBUTION OF LOANS AND SECURITIES, February 16, 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 ob igations LLooaannss AAcccceeppttaanncceess Holdings | Weekly changes Holdings | Weekly changes Within 15 days 3,511 -- 6,298 - 1,748 198 + 198 16 days to 90 days 7 -- 24,703 + 903 728 - 197 91 days to 1 year — .. 41,105 + 2,732 1,920 + 117 Over 1 year to 5 years — — 32,279 - 2,813 4,618 - 118 Over 5 years to 10 years — — 12,970 + 879 942 — Over 10 years "" ——-- 1166,,778833 ++ 220099 551188 — Total 1 3,518 113344,,113388 ++ 116622 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 16, 1983 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n is co ASSETS Gold certificate account 11,142 570 3,206 554 744 967 402 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 510 33 33 18 59 61 46 31 30 23 51 37 88 Loans 3,518 11 1,300 123 58 62 227 990 10 3 22 200 512 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 52,956 2,447 16,658 1,765 3,495 4,493 1,348 7,515 1,783 667 2,502 3,589 6,694 Notes 62,187 2,873 19,561 2,072 4,104 5,277 1,583 8,826 2,094 784 2,938 4,215 7,860 18,995 878 5,975 633 1,254 1,612 483 2,696 639 239 897 1,288 2,401 Total bought outright 2 134,138 6,198 42,194 4,470 8,853 11,382 3,414 19,037 4,516 1,690 6,337 9,092 16,955 Held under repurchase agreements 1 -0- Total U.S. government securities 134.138 6,198 42,194 4,470 8,853 11,382 3,414 19,037 4,516 1,690 6,337 9,092 16,955 Total loans and securities 146,580 6,621 46,301 4,890 9,500 12,201 3,868 21,294 4,826 1,806 6,781 9,897 18,595 Cash items in process of collection 12,317 387 1,135 381 521 2,426 1,554 1,430 612 364 1,111 1,062 1,334 Bank premises 553 97 25 51 27 111 34 19 15 27 24 17 106 Other assets 3 8,228 263 2,337 335 544 494 532 1,115 239 232 375 533 1,229 Interdistrict settlement account -0- i + 293 + 5,239 - 32 -1,171 - 238 - 905 -1,608 - 610 + 191 + 431 - 723 - 867 TOTAL ASSETS 183,948 8,505 59,611 6,422 10,526 16,430 5,692 24,403 5,700 2,858 9,689 11,876 22,236 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 $ 1,103 million was outstanding at the end of the latest statement week. 2 Net of $ 1,541 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 135 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 $ 31 million in Treasury Bills maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 1c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON February 16. 1983 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City DaWHs Francisco LIABILITIES Federal Reserve notes 139,393 7,173 45,284 5*353 8.593 12.573 2,574 20,253 4,482 1,753 7,283 8,715 15,357 Deposits: Depository institutions 25,499 821 7,770 684 1,310 1.151 1,741 2,816 538 627 1,101 1,948 4,992 U.S. Treasury—general account 4.057 4,057 Foreign-official accounts 197 4 83 7 11 8 12 21 4 5 7 10 25 Other 524 1 440 1 25 1 43 1 4 6 2 Total deposits 30,277 826 12,350 691 1,322 1.184 1,754 2,880 542 633 1,112 1,964 5,019 Deferred availability cash items 9,626 332 845 127 281 2,364 1.117 608 532 347 1,069 869 1,135 Other liabilities and accrued dividends1 1,603 82 364 116 113 144 20 245 57 24 87 115 236 TOTAL LIABILITIES 180,899 8,413 58,843 6,287 10,309 16,265 5,465 23,986 5,613 2,757 9,551 11,663 21,747 CAPITAL ACCOUNTS Capital paid in 1,385 38 340 63 99 71 no 188 39 49 63 97 228 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 305 19 96 12 19 22 8 44 10 3 13 22 37 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 183,948 8,505 59.611 6,422 10,526 16,430 5,692 24,403 5,700 2,858 9,689 11.876 22,236 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 159,731 8,173 48,412 7,343 9,505 13,971 4,915 22,077 5,334 2,293 8,821 10.653 18,234 Less-Held by F.R. Banks 20,338 1,000 3,128 1,990 912 1,398 2,341 1,824 852 540 1,538 1,938 2,877 F.R. notes, net 139.393 7,173 45.284 5.353 8,593 12.573 2,574 20,253 4,482 1,753 7,283 8,715 15,357 Collateral held against F.R. notes: Gold certificate account 11.142 570 3,206 554 744 967 402 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 Other eligible assets - 0 - U.S. govt, and agency securities 123,633 6,362 40.743 4.574 7,547 11.198 2,011 18,131 3,894 1.538 6,367 /,662 13,606 Total collateral 139,393 7,173 45.284 5.353 8.593 12,573 2,574 20,253 4,482 1,753 7,283 8,715 15,357 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