H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•i&SBji. FEDERAL RESERVE •"f«*u3^V Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For Release at 4:15 p. EST April 22. 1983 Averages of daily figu 'es (millions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, WWeeeekk eennddeedd Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt aanndd rreellaatteedd iitteemmss AApprriill 2200,, April 13, April 21, April 20, 1983 IQft^ 1QK2 lQft^ Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 138,847 + 2,271 + 10,738 138,899 Held under reourchase agreements — — 1,327 — Federal agency obligations- Bought outright 8,908 - 4 100 8,908 Held under repurchase agreements — — 109 — Acceptances- Bought outright — — — — Held under repurchase agreements — — 209 — Loans to depository institutions 665 + 80 988 1,263 Includes: seasonal borrowing of 77 + 5 82 83 extended credit of 405 + 52 + 157 456 Float 2,558 + 303 + 165 2,717 Other F.R. assets 9,431 +_ 187 + 89 9,492 Total Reserve Bank credit 160,409 + 2,837 + 8,259 161,279 Gold stock 11,137 - 1 13 11,137 Special Drawing Rights certificate account 4,618 — + 979 4,618 Treasury currency outstanding 13,786 — + 36 13,786 Total Factors 189,950 + 2,836 + 9,261 190,820 Currency in circulation* 155,643 - 169 + 12,166 155,729 Treasury cash holdings* 515 + 2 + 25 515 Treasury deposits with F.R. Banks 3,267 + 258 991 4,596 Foreign deposits with F.R. Banks 236 - 3 11 220 Other deposits with F.R. Banks 636 + 14 + 256 620 Required clearing balances 633 + 18 + 459 633 Other F.R. liabilities and capital 5,018 + 135 243 4,818 165,948 + 255 + 11,661 167,131 Reserve balances with F.R. Banks3 24,002 + 2,582 2,400 23,689 Total vault cash 18,613 - 1,442 + 1,370 18,613 (a) Vault cash at institutions with required reserve balances 12,935 - 324 + 1,011 12,935 (b) Vault cash equal to required reserves at other institutions 2,402 - 634 + 310 2,402 (c) Surplus vault cash at other institutions4 3,276 - 484 + 49 3,276 Reserve balances + total vault cash3 42,615 + 1,140 1,030 42,302 Reserve balances + total vault cash used to satisfy reserve requirements^ 39,339 + 1,624 1,079 39,026 RReeqquuiirreedd rreesseerrvveess 66 39,173 + 1,993 1,074 39,173 EExxcceessss rreesseerrvvee bbaallaanncceess aatt FF..RR.. BBaannkkss 166 - 369 5 147 On April 20, 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 111 ,589 million, a decrease of $ 130 million for the week. 1 Net of $ 1,088 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,088 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 1,168million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,168 million was with foreign official and international accounts. Includes $ 32 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 20, 1983 April 13, 1983 April 21, 1982 ASSETS Gold certificate account 11,137 .._ 13 Special Drawing Rights certif. acct. 4,618 -- + 800 Coin 448 5 + 46 Loans 1,263 + 744 - 1,780 Acceptances- Held under repurchase aggreements «- __ 128 Federal agency abligations- Bought outright 8,908 _- 100 Held under repurchase agreements 1 — .• 220 U.S. government securities: Bought outright-Bills 57,717 + 3,480 + 8,247 Notes 62,187 ... - 1,798 Bonds 1188..999955 -.- + 905 Total bought outright 2 113388,,889999 + 3,480 +10,950 Held under repurchase agreements 1 -- — - 2,666 Total U.S. government securities 138,899 + 3,480 + 8,284 Total loans and securities 149,070 + 4,224 + 6,056 Cash items in process of collection { 2,624) 10,186 + 504 + 161 Bank premises 552 ... + 40 Other assets 3 8,940 + 138 67 TOTAL ASSETS (( 22,,662244)) 184V951 + A,86J_ +_2i023 LIABILITIES Federal Reserve notes 142,906 498 +12,420 Deposits: Depository institutions 24,325 + 3,812 - 3,095 U.S. Treasury-general account 4,596 +. 1,073 - 2,435 Foreign-official accounts 220 8 4 Other 617 -f 66 + 131 Total deposits 29,758 + 4,959 - 5.403 Deferred availability cash items ( 2,624) 7,469 + 346 + 399 Other liabilities and accrued dividends 4 1,748 + 53 - 558 TOTAL LIABILITIES (2,624) 181,881 + 4,860 + 6,858 CAPITAL ACCOUNTS Capital paid in 1,398 + 3 + 93 Surplus 1,359 — + 81 Other capital accounts 313 2 9 * 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 $1,168 million was outstanding at the end of the latest statement week 2 Net of $1,168 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $32 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 $38 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, APRIL 20, 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 Holrfihfls j Weekly changes Within 15 days 1,249 — 5,198 + 977 110 + 85 16 days to 90 days 14 — 29,732 +2,258 564 -111 91 days to 1 year -- — 42,386 + 245 1,830 + 1 Over 1 year to 5 years — — 31,972 + 142 4,756 + 24 Over 5 years to 10 years — — 12,828 - 142 1,130 + 1 Over 10 years ffff 1166,,778833 -- 551188 -- Total 11^^6633 113388,,889999 +3,480 88,,990088 -.. 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 20, 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 448 26 29 17 54 55 46 23 26 22 51 26 73 Loans 1,263 81 497 45 3 19 50 33 15 5 40 434 41 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 -- — -- — -- -- — _- -- -- -- -- -- U.S. government securities: Bought outright—Bills 57,717 2,666 18,156 1,924 3,809 4,897 1,469 8,191 1,943 727 2,727 3,912 7,296 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 2 138,899 6,417 43,692 4,629 9,167 11,786 3,535 19,713 4,676 1,750 6,562 9,415 17,557 Held under repurchase agreements 1 -0- -- — -- -- -- — -- -- -- -- -- -- Total U.S. government securities 138,899 6,417 43,692 4,629 9,167 11,786 3,535 19,713 4,676 1,750 6,562 9,415 17,557 Total loans and securities 149,070 6,909 46,991 4,971 9,758 12,561 3,812 21,010 4,991 1,867 7,023 10,453 18,724 Cash items in process of collection 12,810 381 978 726 359 2,369 1,697 1,146 593 503 1,249 970 1,839 Bank premises 552 97 25 51 27 110 34 19 15 27 24 17 106 Other assets 3 8,940 297 2,561 341 587 558 543 1,230 260 239 405 602 1,317 Interdistrict settlement account -0- + 544 4-2,766 - 246 -1,217 - 382 + 101 -1,635 - 397 + 146 + 472 - 591 + 439 TOTAL ASSETS 187,575 9,115 57,836 6,639 10,614 16,646 6,796 23,915 6,076 3,019 10,140 12,530 24,249 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 $ 1,168 million was outstanding at the end of the latest statement week. 2 Net of $1> 168 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 32 million securities loaned—fully secured by U.S. government securities. 2 U dudes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 38 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 20, 1983 Millions of dollars T— ™ r —— -—• —i Kansas San Total Boston j New York Philadelphia Cleveland Richmond Atlanta j Chicago St. Louis Minneapolis City Dafias Francisco LIABILITIES Federal Reserve notes 142,906 7,459 45,806 5,471 8,631 12,925 3,280 20,369 4,637 1,853 7,486 9,030 15,953 Deposits: Depository institutions 24,325 1,159 4,836 515 1,397 1,061 2t002 2,267 734 602 1,203 2,304 6,245 U.S. Treasury—general account 4,596 — 4,596 — — — — — — — — — ...» Foreign—official accounts 220 4 106 7 11 8 12 21 4 5 7 10 25 Other 617 1 526 — 1 32 1 51 — — 2 i 2 Total deposits 29,758 1,164 10,064 522 1,409 1,101 2,015 2,339 738 607 1,212 2,315 6,272 Deferred availability cash items 10,093 298 790 441 232 2,300 1,205 523 552 431 1,218 839 1,264 Other liabilities and accrued dividends1 1,748 106 40; 64 125 154 62 265 62 27 88 124 264 TOTAL LIABILITIES 184,505 9,027 57,067" 6,498 10,397 16,480 6,562 23,496 5,989 2,918 10,004 12,308 23,759 CAPITAL ACCOUNTS Capital paid in 1,398 38 340 66 99 71 114 190 39 49 63 101 228 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 313 15 97 15 19 23 11 44 10 3 11 27 38 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 187,575 9,115 57,836 6,639 10,614 16,646 6,796 23,915 6,076 3,019 10,140 12,530 24,249 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 160,915 8,352 48,376 7,604 9,324 14,171 5,573 21,838 5,373 2,284 8,842 10,671 18,507 Less-Held by F.R. Banks 18,009 893 2,570 2,133 693 1,246 2,293 1,469 736 431 1,356 1,641 2,548 F. R. notes, net *" 142,906 | 7,459 45,806 5,471 8,631 12,925 " 3,280 20,369 4,637 1,853 7,486 9,030 15,959 Collateral held against F.R. notes: Gold certificate account 11,137 620 3,151 554 744 967 402 1,476 418 154 675 ^43 1,233 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 UO 518 Other eligible assets - 0 - 1 — — — — — — — — — — ~ U.S. govt, and agency securities 127,151 6,598 41,320 4,692 7,585 11,550 2,717 18,247 4.049 1,638 6,570 7,977 14,208 Total collateral 142,906 7,459 45,806 5,471 8,631 12,925 " 3,280 20,369 4,637 1,853 7,486 9,030 15,959 1 Includes exchange translation account reflecting the monthly revaluation at marke etxchange rates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis