H.4.1 Factors Affecting Reserve Balances of Depository Institutions

:o^covi FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks For Release at 4:15 p.m.EST H.4,1. April 8, 1983 Averages of daily figures (m llions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, WWeeeekk eennddeedd Change from week ended WWeeddnneessddaayy RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss AApprriill 66,, March 30. 1 1155r il 7, AApprriill 66,, 1983 1983 982 1983 Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 136,396 + 1,936 + 12,641 136,791 Held under repurchase agreements — ~~ - 867 — Federal agency obligations- Bought outright 8,915 — - 98 8,915 Held under repurchase agreements — — - 25 — Acceptances- Bought outright — — — — Held under repurchase agreements — — - 172 — Loans to depository institutions 1,767 + 871 + 287 887 Includes: seasonal bo? "owing of 80 + 18 - 86 71 extended credit of 328 + 23 + 49 351 Roat 1,747 - 231 - 1,221 3,094 Othe^ F.R. assets 9,129 - 121 + 1 9,280 Total Reserve Bank credk 157,955 + 2,456 + 10,547 158,967 Gold stock 11,138 — - 12 11,138 Special Drawing Rights certificate account 4,618 — + 1,050 4,618 Treasury currency outstanding 13,786 — + 52 13,786 Total Factors 187,497 __ 2,456 + 11,637 188,509 Currency in circulation* 154,674 + 1,318 + 12,620 155,723 Treasury cash holdings* 500 + 7 + 13 505 Treasury deposits with F.R. Banks 3,861 + 1,327 - 77 4,393 Foreign deposits with F.R. Banks 300 + 69 + 57 194 Other deposits with F.R. Banks 616 + 95 + 145 523 Required clearing balances 608 + 10 + 439 608 Other F.R. liabilities and capital 4,964 -r 53 - 255 4,763 165,523 _____ 2,880 + " 12,943 166,709 Reserve balances with F.R. Banks3 21,973 _ 424 - 1,307 21,799 Total vault cash 19,661 + 193 + 803 19,661 (a) Vault cash at institutions with required reserve balances 13,343 + 150 + 543 13,343 (b) Vault cash equal to required reserves at other institutions 2,775 + 74 + 420 2,775 (c) Surplus vault cash at other institutions4 3,543 - 31 - 160 3,543 Reserve balances + total vault cash3 41,634 - 231 - 504 41,460 Reserve balances + total vault cash used to satisfy reserve requirements 38,091 - 200 - 344 37,917 Required reserves 37,317 - 520 - 846 37,317 Excess reserve balances at F.R. Banks^ ___ 774 + 320 _____ 502 600 On April 6, 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 111,114 million, an increase of $1,664 million for the week. 1 Net of $ 1,410 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,410 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities Net of $1,015 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ l ,015 million was with foreign official and international accounts. Includes $ 60 million securities loaned-fully secured by U.S. Government securities. Exclude required clearing balances. Total vault cash at institutions without required reserve balances less vault cash equal to their required reserves. § 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 tttt WWeeddnneessddaayy Wednesday Wednesday April 6, 1983 March 30, 1983 April 7, 1982 ASSETS Gold certificate account 11,138 -- - 12 Special Drawing Rights certif. acct. 4,618 — + 1,050 Coin 461 - 18 + 43 Loans 887 - 1,098 - 1,404 Acceptances— Heid under repurchase aggreements -- -- -- Federal agency obligations— Bought outright 8,915 -- 93 Held under repurchase agreements 1 -- -- — U.S. government securities: Bought outright—Bills 55,609 + 2,131 + 13,632 Notes 62,187 -- + 1,828 Bonds 1188,,999955 — 905 Total bought outright 2 113366,,779911 ++ 2,131 ++"" 16,365 Held under repurchase agreements 1 -- -- -- Total U.S. government securities 136,791 ++ 2,131 ++~~1 6,365 Total loans and securities 146,593 + 1,033 + 14,863 Cash items in process of collection (2,421) 10,121 + 1,303 - 4,071 Bank premises 552 -- + 42 Other assets 3 8,728 - 105 - 219 TOTAL ASSETS ((22,,442211)) 182,211 ++ 2,213 ++__1 1,696 LIABILITIES Federal Reserve notes 142,904 + 1,465 + 12,375 Deposits: Depository institutions 22,408 - 1,385 - 389 U.S. Treasury—general account 4,393 + 2,277 - 541 Foreign—official accounts 194 - 56 - 3 Other (8) 522 - 46 + 130 Tota! deposits (8) 27,517 + 790 - 803 Deferred availability cash items ( 2,413) 7,C27 - 48 + 234 Other liabilities and accrued dividends 4 1,721 + 22 - 280 TOTAL LIABILITIES ( 2,421) 179,169 + 2,229 + 11,526 CAPITAL ACCOUNTS Capital paid in 1,394 + 1 + 95 Surplus 1,359 -- + 81 Other capital accounts 289 - 17 - 6 * 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 foreign official and international accounts of which $1,671 million was outstanding at the end of the latest statement week 2 Net of $1,015 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $60 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 $42 million in Treasury Bills maturing within 9 d0ays. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES April 6, 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 Loans Acceptances Holdings | Weekly changeF "THoldings | Weekly changes Within 15 days 849 6,207 + 1,611 212 97 16 days to 90 days 38 27,060 + 396 614 106 91 days to 1 year 41,941 + 422 1,853 9 Over 1 year to 5 years 31,830 298 4,614 Over 5 years to 10 years 12,970 1,104 Over 10 years 16,783 518 Total 887 136,791 + 2,131 8,915 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 April 6 , 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 11,138 570 3,202 554 744 967 402 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 461 29 26 16 54 58 48 24 29 22 52 28 75 Loans 887 8 77 110 1 103 121 38 27 12 40 344 6 Acceptances held under repurchase agreements -0- -- -- -- -- -- -- -- -- -- -- -- -- Federal agency obligations: Bought outright 8,915 412 2,804 297 589 757 227 1,265 300 112 421 604 1,127 Held under repurchase agreements 1 -0- -- -- -- — -- -- -- -- -- — -- -- U.S. government securities: Bought outright—Bills 55,609 2,569 17,493 1,853 3,670 4,718 1,416 7,892 1,872 701 2,627 3,769 7,029 Notes 62,187 2,873 19,561 2,073 4,104 5,277 1,583 8,825 2,094 784 2,938 4,215 7,860 Bonds 18,995 878 5,975 633 1,254 1,612 483 2,696 639 239 897 1,288 2,401 Total bought outright 2 136,791 6,320 43,029 4,559 9,028 11,607 3,482 19,413 4,605 1,724 6,462 9,272 17,290 Held under repurchase agreements 1 -0- -- -- -- -- -- -- -- -- -- — -- -- Total U.S. government securities 136,791 6,320 43,029 4,559 9,028 11,607 3,482 19,413 4,605 1,724 6,462 9,272 17,290 Total loans and securities 146,593 6,740 45,910 4,966 9,618 12,467 3,830 20,716 4,932 1,848 6,923 10,220 18,423 Cash items in process of collection 12,542 238 1,950 759 534 2,568 - 531 1,388 712 525 1,249 1,384 1,766 Bank premises 552 97 25 51 27 110 34 19 15 27 24 17 106 Other assets 3 8,728 288 2,476 334 572 538 529 1,193 252 230 397 656 1,263 Interdistrict settlement account -0- -i- 446 + 5,606 - 383 - 1,365 - 461 + 1,573 - 1,793 - 788 + 51 + 56 - 1,516 " 1»426 TOTAL ASSETS 184,632 §7649 60,530 6,522 10,486 16,655 6,046 23,669 5,740 2,918 9,617 11,842 21,958 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 $ 1,671million was outstanding at the end of the latest statement week. 2 Net of $ 1»015 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 60 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 $ 42 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 April 6, 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 142,904 7,424 45,783 5,509 8,784 13,004 3,038 20,574 4,646 1,897 7,428 9,040 15,777 Deposits: Depository institutions 22,408 843 8,049 546 1,059 961 1,495 1,870 440 472 837 1,610 4,226 U.S. Treasury—general account 4,393 ~ 4,393 — — — — — — — — — — Foreign—official accounts 194 4 80 7 11 8 12 21 4 5 7 10 25 Other 530 2 408 — — 36 1 69 9 — 2 1 2 Total deposits 27,525 849 12,930 553 1,070 1,005 1,508 1,960 453 477 846 1,621 4,253 Deferred availability cash items 9,440 205 653 262 279 2,328 1,204 463 495 413 1,119 844 1,175 Other liabilities and accrued dividends 1 1,721 84 412 62 140 156 66 261 61 32 87 122 238 TOTAL LIABILITIES 181,590 8,562 59,778 6,386 10,273 16,493 5,816 23,258 5,655 2,819 9,480 11,627 21,443 CAPITAL ACCOUNTS Capital paid in 1,394 38 340 65 99 71 113 189 39 49 63 100 228 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 289 14 80 11 15 19 8 37 8 1 12 21 62 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 184,632 8,649 60,530 6,522 10,486 16,655 6,046 23,669 5,740 2,918 9,617 11,842 21,958 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 159,901 8,358 48,434 7,397 9,418 14,127 5,181 21,856 5,277 2,277 8,684 1:0,580 18,312 Less-Held by F.R. Banks 16,997 934 2,651 1,888 634 1,123 2,143 1,282 631 380 1,256 1,540 2,535 F.R. notes, net 142,904 7,424 45,783 5,509 8,784 13,004 3,038 20,574 4,646 1,897 7,428 9,040 15,777 Collateral held against F.R. notes: Gold certificate account 11,138 570 3,202 554 744 967 402 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 127,148 6,613 41,246 4,730 7,738 11,629 2,475 18,452 4,058 1,682 6,512 7,987 14,026 Total collateral 142,904 7,424 45,783 5,509 8,784 13,004 3,038 20,574 4,646 1,897 7,428 9,040 15,777 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