H.4.1 Factors Affecting Reserve Balances of Depository Institutions

; Of GOV&, J-. FEDERAL RESERVE •%LR^V 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 15, 1983 | Averages of daily figures (millions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, WWeeeekk eennddeedd | Change from week ended Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss AA??rr^^1133-- April 6, April 14, April 13, iQft? 1983 Reserve Bank credit: 1 >2 U.S. government securities- Bought outright-system account 136,576 + 180 + 10,984 135,419 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 8,912 " 3 99 8,908 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 585 - 1,182 750 519 Includes: seasonal borrowing of 72 - 8 82 66 extended credit of 353 + 25 + 119 366 Float 2,333 + 632 1,202 2,559 Other F.R. assets 9,244 +_ 115 + 22 9,354 Total Reserve Bank credit 157,650 - 259 + 8,956 156,759 Gold stock 11,138 — 12 11,137 Special Drawing Rights certificate account 4,618 — + 1,050 4,618 Treasury currency outstanding 13,786 — + 49 13,786 Total Factors 187,192 - 259 + 10,043 186,300 Currency in circulation* 155,819 + 1,145 + 12,117 156,222 Treasury cash holdings* 506 + 6 + 15 515 Treasury deposits with F.R. Banks 3,009 - 852 617 3,523 Foreign deposits with F.R. Banks 239 - 61 68 212 Other deposits with F.R. Banks 622 + 6 + 187 554 Required clearing balances 615 + 7 + 443 615 Other F.R. liabilities and capital 4,883 - 81 190 4,764 165,693 + 170 + 11,887 166,405 Reserve balances with F.R. Banks3 21,498 - 429 1,845 19,895 Total vault cash 20,055 + 394 + 847 20,055 (a) Vault cash at institutions with required reserve balances 13,259 - 84 + 309 13,259 (b) Vault cash equal to required reserves at other institutions 3,036 + 261 + 632 3,036 (c) Surplus vault cash at other institutions4 3,760 + 217 94 3,760 Reserve balances + total vault cash3 i 41,553 - 35 998 39,950 Reserve balances + total vault cash used to satisfy reserve requirements5 37,793 - 252 904 36,190 RReeqquuiirreedd rreesseerrvveess ,, 37,180 - 137 1,199 37,180 EExxcceessss rreesseerrvvee bbaallaanncceess aatt FF..RR.. BBaannkkss || 613 2_ 115 + 295 990 On April 13, 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 111 ,719 million, an increase of $605 million for the week. 1 Net of $ 1,240 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,240million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 2,456 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2 ,456 million was with foreign official and international accounts. Includes $ 45 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 April 13, 1983 April 6, 1983 April 14, 1982 ASSETS Gold certificate account 11,137 - 1 - 13 Special Drawing Rights certif. acct. 4,618 -- + 1,050 Coin 453 - 8 + 40 Loans 519 - 368 - 3,925 Acceptances- -- — — Held under repurchase aggreements Federal agency abligations- Bought outright 8,908 - 7 - 100 Held under repurchase agreements 1 — -- ~- U.S. government securities: Bought outright—Bills 54,237 - 1,372 + 8,855 Notes 62,187 — + 1,828 Bonds 1188..999955 -- ++ 905 Total bought outright 2 113355,,441199 -- 1,372 ++ 11,588 Held under repurchase agreements 1 -- -- "~ Total U.S. government securities 135.419 1.372 + 1U588 Total loans and securities 144,846 - 1,747 + 7,563 Cash items in process of collection ( 2,293) 9,682 - 439 + 91 Bank premises 552 -- + 41 Other assets 3 8,802 + 74 + 9 TOTAL ASSETS (( 22,,229933)) 180.090 2,121 ++ 8,781 LIABILITIES Federal Reserve notes 143,404 + 500 + 12,025 Deposits: Depository institutions 20,513 - 1,895 - 4,249 U.S. Treasury—general account 3,523 - 870 + 614 Foreign—official accounts 212 + 18 - 27 Other (2) 551 + 29 + 178 Total deposits (2) 24,799 - 2,718 - 3,484 Deferred availability cash items ( 2,291) 7,123 + 96 + 422 Other liabilities and accrued dividends 4 1,695 - 26 - 358 TOTAL LIABILITIES ( 2,293) 177,021 - 2,148 + 8,605 CAPITAL ACCOUNTS Capital paid in 1,395 + 1 + 90 Surplus 1,359 -- + 81 Other capital accounts 315 + 26 + 5 * Figures in parentheses are the eliminations made in the consolidating process 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates Trl„H« . • i n investment account at Chicago of $36 million in Treasury Bills maturing Within 90 days ? "^ 4 « ££ :o^:nttsr?nSlati°n 3CCOUnt reflCCtlng the m0nthl* — l u a " °" « -.exchange rates of foreign MATURITY DISTRIBUTION OF LOANS AND SECURITIES April 13, 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 | Weekly changes Within 15 days 491 -- 4,221 - 1,986 25 187 16 days to 90 days 28 -- 27,474 + 414 675 + 61 91 days to 1 year — -- 42,141 + 200 1,829 24 Over 1 year to 5 years -- -- 31,830 — 4,732 + 118 Over 5 years to 10 years -- — 12,970 __ 1,129 + 25 Over 10 years --ffff-- 1166,,778833 -- 551188 -- Total 551199"" 113355,,441199 - 1,372 88,,990088 7 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 13, 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 11,137 620 3,151 554 744 967 402 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 453 27 27 16 54 57 47 23 27 22 51 27 75 Loans 519 5 -- 9 2 22 52 22 20 3 31 349 4 Acceptances held under repurchase agreements -0- -- -- — — — -- -- — -- -- -- -- Federal agency obligations: Bought outright 8,908 411 2,802 297 588 756 227 1,264 300 112 421 604 1,126 Held under repurchase agreements 1 -0- -- -- -- — -- -- -- -- -- -- -- -- U.S. government securities: Bought outright—Bills 54,237 2,506 17,061 1,808 3,580 4,601 1,381 7,697 1,826 683 2,562 3,676 6,856 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 Bonds 18,995 878 5,975 633 1,254 1,612 483 2,696 639 239 897 1,288 2,401 Total bought outright 2 135,419 6,257 42,597 4,513 8,938 11,490 3,447 19,219 4,559 1,706 6,397 9,179 17,117 Held under repurchase agreements 1 -0- — — -- -- -- -- -- -- -- -- -- -- Total U.S. government securities 135,419 6,257 42,597 4,513 8,938 11,490 3,447 19,219 4,559 1,706 6,397 9,179 17,117 Total loans and securities 144,846 6,673 45,399 4,819 9,528 12,268 3,726 20,505 4,879 1,821 6,849 10,132 18,247 Cash items in process of collection 11,975 276 1,692 348 459 2,339 1,570 1,127 591 460 1,223 906 984 Bank premises 552 97 25 51 27 110 34 19 15 27 24 17 106 Other assets 3 8,802 287 2,520 335 578 547 545 1,211 255 231 404 608 1,281 Interdistrict settlement account -0- + 265 + 3,213 + 128 - 1,407 - 212 - 442 - 875 - 495 + 104 + 332 - 847 + 236 TOTAL ASSETS 182,383 8,486 57,362 6,476 10,285 16,484 6,043 24,132 5,860 2,880 9,799 11,896 22,680 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 $ 2,456 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 45 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 $ 36 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 13, 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 143,404 7,514 46,078 5,512 8,840 12,987 2,929 20,621 4,671 1,904 7,526 8,988 15,834 Deposits: Depository institutions 20,513 595 5,387 480 802 861 1,650 2,275 544 438 943 1,855 4,683 U.S. Treasury—general account 3,523 — 3,523 — — — — — — — — — — Foreign—official accounts 212 4 99 7 11 8 12 20 4 5 7 10 25 Other 553 1 460 — 1 34 1 51 — — 2 1 2 Total deposits 24,801 600 9,469 487 814 903 1,663 2,346 548 443 952 1,866 4,710 Deferred availability cash items 9,414 201 657 276 274 2,278 1,163 489 495 405 1,095 701 1,380 Other liabilities and accrued dividends 1 1,695 83 389 61 140 151 57 258 60 27 86 121 262 TOTAL LIABILITIES 179,314 8,398 56,593 6,336 10,068 16,319 5,812 23,714 5,774 2,779 9,659 11,676 22,18t> CAPITAL ACCOUNTS Capital paid in 1,395 38 340 66 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 315 15 97 14 19 22 9 44 9 3 15 26 42 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 182,383 8,486 57,362 6,476 10,285 16,484 6,043 24,132 5,860 2,880 9,799 11,896 22,680 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 160,465 8,394 48,637 7,530 9,444 14,052 5,164 21,969 5,381 2,278 8,809 10,558 18,249 Less-Held by F.R. Banks 17,061 880 2,559 2,018 604 1,065 2,235 1,348 710 374 1,283 1,570 2,415 F.R. notes, net 143,404 7,514 46,078 5,512 8,840 12,987 2,929 20,621 4,671 1,904 7,526 8,988 15,834 Collateral held against F.R. notes: Gold certificate account 11,137 620 3,151 554 744 967 402 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 127,649 6,653 41,592 4,733 7,794 11,612 2,366 18,499 4,083 1,689 6,610 7,935 14,083 Total collateral 143,404 7,514 46,078 5,512 8,840 12,987 2,929 20,621 4,671 1,904 7,526 8,988 15,834 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