H.4.1 Factors Affecting Reserve Balances of Depository Institutions

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 29, 1983 | Averages of daily figures (millions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, WWeeeekk eennddeedd | Change from week ended WWeeddnneessddaayy RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss AApprriill 2277,, April.20, April 28, ;; AApprriill 2277,, 1 Qftl* 1983 1982 1983* Reserve Bank credit: pi 2 U.S. government securities- Bought outright—system account 137,690 - 1,157 ! + 9,635 137,376 Held under repurchase agreements 533 + 533 + 218 3,732 Federal agency obligations- Bought outright 8,908 — 100 8,908 Held under repurchase agreements 12 + 12 38 87 Acceptances- Bought outright — — — — Held under repurchase agreements 41 + 41 + 14 285 Loans to depository institutions 1,171 + 506 652 4,073 Includes: seasonal borrowing of 90 + 13 87 104 extended credit of 484 + 79 + 257 512 Float 1,659 - 972 337 1,085 Other F.R. assets 9,522 + 91 12 9,778 Total Reserve Bank credit 159,537 - 945 + 8,728 165,324 Gold stock 11,135 - 2 15 11,135 Special Drawing Rights certificate account 4,618 — + 800 4,618 Treasury currency outstanding 13,786 — + 34 13,786 Total Factors 189,076 - 947 + 9,547 194,863 Currency in circulation** 155,096 - 547 + 12,265 155,623 Treasury cash holdings** 515 — + 25 515 Treasury deposits with F.R. Banks 4,165 + 898 623 6,803 Foreign deposits with F.R. Banks 253 + 17 2 194 Other deposits with F.R. Banks 638 + 2 + 151 677 Required clearing balances 634 + 1 + 457 634 Other F.R. liabilities and capital . 5,015 - 3 280 4,994 166,316 + 368 + 11,992 169,440 - Reserve balances with F.R. Banks3 22,759 1,316 2,446 ! 25,422 Total vault cash 19,681 + 1,068 + 979 19,681 (a) Vault cash at institutions with required reserve balances 13,479 + 544 + 540 13,479 (b) Vault cash equal to required reserves at other institutions 2,744 + 342 + 492 ! 2,744 (c) Surplus vault cash at other institutions4 3,458 + 182 53 3,458 Reserve balances + total vault cash3 42,440 - 248 1,467 45,103 Reserve balances + total vault cash used to satisfy reserve requirements5 38,982 - 430 1,414 41,645 Required reserves 38,619 - 554 1,492 38,619 Excess reserve balances at F.R. Banks | 363 + 124 ; + 78 3,026 On April 27, 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 110,748 million, a decrease of $ 841 million for the week. 1 Net of $ 2,540 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,540 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 2,881 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,881 million was with foreign official and international accounts. Includes $ 25 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 (Richmond District). ** 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 Cnange since Wednesday Wednesday Wednesday April 27, 1983 AprU 20. 19fi3 April 2fi, 19ft? ASSETS Gold certificate account 11,135 15 Special Drawing Rights certif. acct. 4,618 + 800 Coin 444 + 41 Loans 4,073 + 2,8X0 ^ 2,107 Acceptances- Held under repurchase aggreements 285 + 285 + 93 Federal agency abligations- 8,908 - 100 Bought outright 87 + 87 T 261 Held under repurchase agreements 1 U.S. government securities^ 56,194 - 1,523 + 6,507 Bought outright—Bills 62,187 + 1,798 Notes 18,995 + 905 Bonds 137,376 - 1,523 Total bought outright 2 3,732 + 3,732 Held under repurchase agreements 1 141,108 + 2,209 Total U.S. government securities 154,461 Total loans and securities ( 4,053* 8,847 Cash items in process of collection 551 Bank premises 9,227 Other assets 3 ' 4,053* 189,283 TOTAL ASSETS LIABILITIES Federal Reserve notes Deposits: 142,797 109 +12,297 Depository institutions 26,058 + 1,733 - 615 U.S. Treasury—general account 6,803 + 2,207 - 4,066 Foreign-official accounts 194 26 70 Other (1.602) 675 + 58 + 191 Total deposits XXII,,660022)) 33,730 + 3,972 - 4,586 O De th fe e r r r e li d a b a i v li a ti i e la s b a il n it d y a c c a c s r h u e it d em di s v idends 4 << 22,,445533'' 7,762 + 293 + 1,205 1,906 + 158 - 468 TOTAL LIABILITIES UU,,005533>> 186,195 + 4,314 + 8,474 CAPITAL ACCOUNTS Capital paid in 1,407 + 9 + 99 Surplus 1,359 ~- + 81 Other capital accounts 322 + 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 $-0- million was outstanding at the end of the latest statement week. 2 Net of $2,881 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $25 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 $35 million in Treasury Bills maturing within 9 0days. 4 Includes exchnage-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. ** Estimated (Richmond District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, APRIL 27, 1983 Acceptances and securities held under repurchase agreements are classifie das maturing within 15 days in accordance with maximum maturity of the agreements. U.S. government securities Federal agency obligations Loans Acceptances Holdings I Weekly changes Holdings" Weekly changes Within 15 days 4,040 285 6,694 +1,496 323 +213 16 days to 90 days 33 29,095 - 637 499 - 65 91 days to 1 year 43,736 +1,350 2,026 +196 Over 1 year to 5 years '31,972 4,499 -257 Over 5 years to 10 years 12,828 1,130 Over 10 years 16,783 518 Total 4,073 285 141,108 +2,209 8,995 + 87 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 27, 1983 Millions of dollars Total Boston New York Philadelphia Cleveland w Atlanta Chicago St. Louis Minneapolis Kansas Dallas San Richmond City Francisco ASSETS Gold certificate account 11,135 577 3,422 541 659 963 371 1,504 368 143 605 750 1,232 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 444 24 28 16 53 57 45 22 25 22 54 27 71 Loans 4,073 473 1,137 82 16 246 258 289 27 14 68 509 954 Acceptances held under repurchase agreements 285 -~ 285 -- -- -" -- — — — — -- .- Federal agency obligations: Bought outright 8,908 418 2,916 297 528 740 216 1,228 252 109 458 616 1,130 Held under repurchase agreements 1 87 — 87 ~ -- — — — — — -- — -- U.S. government securities: Bought outright-Bills 56,194 2,636 18,398 1,375 3,330 4,667 1,362 7,744 1,593 687 2,889 3,888 7,125 Notes 62,187 2,917 20,361 2,074 3,684 5,164 1,508 8,570 1,763 761 3,196 4,303 7,886 Bonds 18,995 891 6,219 634 1,125 1,577 461 2,618 538 233 976 1,314 2,409 Total bought outright 2 137,376 6,444 44,978 4,583 8,139 11,408 3,331 18,932 3,894 1,681 7,061 9,505 17,420 Held under repurchase agreements 1 3,732 -- 3,732 -- — -- — — -- •• — — -- Total U.S. government securities 141,108 6,444 48,710 4.583 8,139 11,408 3,331 18,932 3,894 1,681 7,061 9,505 17,420 Total loans and securities 154,461 7,335 53,135 4,962 8,683 12,394 3,805 20,449 4,173 1,804 7,587 10,630 19,504 Cash items in process of collection 12,900 366 2,974 645 559 92 1,532 1,269 711 451 1,266 1,190 1,845 Bank premises 551 96 25 51 27 110 34 19 15 27 24 17 106 Other assets 3 9,227 302 2,747 345 580 572 547 1,242 248 301 427 605 1,311 Interdistrict settlement account -0- + 34 -1,949 - 357 - 555 -1-3,814 + 9 - 648 + 228 + 56 - 275 -1,063 + 706 TOTAL ASSETS 193,336 8,975 61,717 6,428 10,308 18,410 6,504 24,503 5,938 2,865 9,929 12,466 25,293 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»881 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 25 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 $ 35 million in Treasury Bills maturing within 90 days. • Estimated (Richmond District). 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 27, 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 142,797 7,440 45,913 5,453 8,576 12,931 3,135 20,411 4,634 1,855 7,493 9,028 15,928 Deposits: Depository institutions 26,058 1,125 6,318 488 1,153 1*210 1,961 2,850 633 491 1,046 2,146 6,637 U.S. Treasury-general account 6,803 -_ 6,803 — — — — — — — — Foreign—official accounts 194 4 80 7 11 8 12 21 4 5 7 10 25 Other 2,277 I 588 — 1 1,632 1 50 — — 2 1 1 Total deposits 35,332 1,130 13,789 495 1,165 2,850 1,974 2,921 " 637 496 1,055 2,157 6,663 Deferred availability cash items 10,213 228 684 275 236 2,308 1,095 492 527 383 1,143 930 1,912 Other liabilities and accrued dividends1 1,906 88 555 64 114 154 65 262 53 28 96 130 297 TOTAL LIABILITIES 190,248 8,886 60,941 6,287 10,091 18.243 6,269 24,086 5,351 2,762.1 9,787 12,245 24,800 CAPITAL ACCOUNTS | Capital paid in 1,407 38 348 66 99 71 114 190 39 49 64 101 228 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 322 3.6 96 15 19___ 24 12 47 10 5 16 26 41 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 193,336 8,975 61,717 6,428 10,308 18,410 6,504 24,503 5,938 2,865 9,929 12,466 25,293 It FEDERAL RESERVE AGENTS' ACCOUNTS F.R! notes outstanding 161,329 8,374 48,547 7,679 9,3i7 14,228 5,382 22,115 5,372 2,273 8,928 10,605 18,509 Less-Held by F.R. Banks 18,532 j 934 2,634 2,226 741 1,297 2,247 1,704 738 418 1,435 1,577 2,581 F.R. notes, net 142,797 7^440 45,913 5,453 8,575 12,931 3,135 "20,411 4,634 1,855 7,493 9,028 15,923 Collateral held against F.R. notes: Gold certificate account 11,135 577 3,422 541 659 963 371 1,504 368 143 605 750 1,232 Special Drawing Rights cert if. acct. 4,618 j 241 1,335 225 302 408 161 646 170 61 241 310 518 Other eligible assets - 0 - — — — — — — — — — — — — U.S. govt, and agency securities 127,044 6,622 41,156 4,687 7,615 11,560 2,603 18,261 4,096 1,651 6,647 7,968 14,178 Total collateral r~T42",797 JT440 45,913 5,453 8,576 12,931 3,135 20,411 4,634 1,855 7,493 9,028 15,923 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rate c?? foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis