H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and -•y^&rs Condition Statement of F.R. Banks For Release at 4:15 p.m. EST H.4.1. May 6, 1983 Averages of daily figures (mi lions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, WWeeeekk eennddeedd Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss MMaayy 44,, ??**MM 2277-- ^ay ^ May 4, IQfn L982 1983 Reserve Bank credit: 1 2 U.S. government securities— Bought outright—system account 138,178 + 488 + 9,098 138,331 Held under repurchase agreements 1,812 + 1,279 - 1,747 — Federal agency obligations- Bought outright 8,908 — - 100 8,908 Held under repurchase agreements 114 + 102 - 532 — Acceptances- Bought outright — — — — Held under repurchase agreements 366 + 325 - 132 — Loans to depository institutions 928 - 243 - 571 798 Includes: seasonal borrowing of 101 + 11 - 104 99 extended credit of 493 + 9 + 279 463 Float 2,291 + 545 + 169 2,398 Other F.R. assets 9,653 + 132 - 376 9,607 Total Reserve Bank credit 162,250 + 2,628 + 5,809 160,042 Gold stock 11,135 — - 14 11,135 Special Drawing Rights certificate account 4,618 — + 800 4,618 Treasury currency outstanding 13,786 — + 30 13,786 Total Factors 191,789 + 2,628 + 6,625 189,581 Currency in circulation* 155,758 + 660 + 12,331 156,644 Treasury cash holdings* 524 + 5 + 34 525 Treasury deposits with F.R. Banks 5,853 + 1,688 - 3,920 4,043 Foreign deposits with F.R. Banks 258 + 5 - 325 217 Other deposits with F.R. Banks 700 + 64 + 177 559 Required clearing balances 646 + 12 + 469 646 Other F.R, liabilities and capital 5,173 + 158 - 347 4,772 168,912 + 2,591 • + 8,418 167,406" Reserve balances with F.R. Banks3 22,876 + 37 - 1,795 22,174 Total vault cash 20,218 + 537 + 607 20,218 (a) Vault cash at institutions with required reserve balances 13,802 + 32 3 + 317 13,802 (b) Vault cash equal to required reserves at other institutions 2,887 + 143 + 484 2,887 (c) Surplus vault cash at other institutions4 3,529 + 71 - 194 3,529 Reserve balances + total vault cash3 43,094 + 574 - 1,188 42,392 Reserve balances + total vault cash used to satisfy reserve requirements5 39,565 + 503 - 994 38,863 RReeqquuiirreedd rreesseerrvveess ,, 38,944 + 325 - 1,171 38,944 EExxcceessss rreesseerrvvee bbaallaanncceess aatt FF..RR.. BBaannkkss 621 + 178 + 177 81 On May 4, 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 110,881 million, an increase of $133 million for the week. 1 Net of $ 2,509 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $2,509 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 2,356 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,356 million was with foreign official and international accounts. Includes $ 51 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 resen/es. 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 May 4, 1983 April 27, 1983 May 5, 1982 ASSETS Gold certificate account 11,135 -- - 14 Special Drawing Rights certif. acct. 4,618 -- + 800 Coin 466 + 22 + 70 Loans 798 - 3,275 - 453 Acceptances- -. - — Held under repurchase aggreements 285 Federal agency abiigations— Bought outright 8,908 -- - 100 Held under repurchase agreements 1 -- - 87 -- U.S. government securities: Bought outright-Bills 57,149 + 955 + 7,201 Notes 62,187 -- + 1,044 Bonds 1188,,999955 -- ++ 854 Total bought outright 2 113388,,333311 ++ 955 ++ 9,099 Held under repurchase agreements 1 -- ~~ 33,,773322 -- Total U.S. government securities 138,331 22,,777777 44-- "" 9,099 Total loans and securities 148,037 - 6,424 + 8,546 Cash items in process of collection (2,493) 9,742 + 783 + 640 Bank premises 553 + 2 + 39 Other assets 3 9,054 - 161 - 176 TOTAL ASSETS (2,493) 183,605 - 5,778 + ' 9,905 LIABILITIES Federal Reserve notes 143,850 + 1,009 + 12,464 Deposits: Depository institutions 22,823 - 3,378 - 3,069 U.S. Treasury—general account 4,043 - 2,760 - 311 Foreign—official accounts 217 + 23 - 66 Other 556 - 109 + 46 Total deposits 27,639 - 6,224 3,400 Deferred availability cash items (2,493) 7,344 - 341 + "1 ,215 Other liabilities and accrued dividends 4 1,696 - 210 - 453 TOTAL LIABILITIES (2,493 ) 180,529 - 5,766 + "9 ,826 CAPITAL ACCOUNTS Capital paid in 1,408 + 1 + 101 Surplus 1,359 -- + 81 Other capital accounts 309 - 13 - 103 * 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 $2,356 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $51 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. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES May 4 , 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 744 -- 5,771 923 126 197 16 days to 90 days 54 -- 26,726 - 2,369 581 + 82 91 days to 1 year -- -- 44,734 + 998 2,054 + 28 Over 1 year to 5 years -- -- 31,489 483 4,499 -- Over 5 years to 10 years -- -- 12,828 -- 1,130 — Over 10 years 1166,,778833 — 551188 .. __--.. Total ""779988"" 113388,,333311 - 2,777 88,,990088 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 May 4, 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 11,135 577 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 4X)8 161 646 170 61 241 310 518 Coin 466 24 26 17 75 55 47 22 25 22 54 26 73 Loans 798 9 133 48 4 15 29 16 11 12 52 460 9 Acceptances held under repurchase agreements -0- "• "** ~~ "~ "* ~~ _- **" *- ••- -- -- 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 -0- -- -- -- -- -- -- — -- -- -- -- -- U.S. government securities: Bought outright-Bills 57,149 2,680 18,711 1,907 3,386 4,746 1,385 7,875 1,620 699 2,938 3,955 7,247 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 2 138,331 6,488 45,291 4,615 8,195 11,487 3,354 19,063 3,921 1,693 7,110 9,572 17,542 Held under repurchase agreements 1 -0- -- -- -- -- -- -- -- --. -- -- -- -. TToottaall UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess 138,331 6,488 45,291 4,615 8,195 11,487 3,354 19,063 3,921 1,693 7,110 9,572 17,542 TToottaall llooaannss aanndd sseeccuurriittiieess 148,037 6,915 48,340 4,960 8,727 12,242 3,599 20,307 4,184 1,814 7,620 10,648 18,681 Cash items in process of collection 12,235 302 961 408 346 2,345 1,650 1,193 645 487 1,420 1,003 1,475 BBaannkk pprreemmiisseess 553 97 25 51 27 110 34 19 15 27 24 18 106 OOtthheerr aasssseettss 33 9,054 301 2,664 344 579 567 546 1,230 252 234 431 605 1,301 Interdistrict settlement account i -o- + 93 + 4,050 - 47 - 635 - 256 - 203 - 1,389 + 296 + 267 - 479 - 1,364 - 333 TOTAL ASSETS ; 186,098 8,550 60,823 6,499 10,080 16,434 6,205 23,532 5,955 3,055 9,916 11,996 23,053 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»356 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 51 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 May 4, 1983 Millions of dollars Kansas ST- Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 143,850 7,477 46,208 5,489 8,630 13,074 3,137 20,640 4,639 1,869 7,555 9,064 16,068 Deposits: Depository institutions 22,823 691 8,057 522 867 784 1,553 1,583 595 609 886 1,719 4,957 U.S. Treasury—general account 4,043 4,043 Foreign—official accounts 217 4 104 7 11 8 12 20 4 5 7 10 25 Other 556 ! 1 467 28 1 53 1 2 1 2 Total deposits 27,639 696 12,671 529 878 820 1,566 1,656 600 614 895 1,730 4,"984 Deferred availability cash items 9,837 203 726 277 247 2,225 1,213 561 578 443 1,230 854 1,280 Other liabilities and accrued dividends 1 1,696 87 430 64 112 152 54 259 53 27 96 127 235 TOTAL LIABILITIES 183,022 8,463 60,035 6,359 9,867 16,271 5,970 23,116 5,870 2,953 9,776 11,775 22,567 CAPITAL ACCOUNTS Capital paid in 1,408 38 348 66 99 71 115 190 39 49 64 101 228 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 309 14 108 14 15 20 11 41 8 4 14 26 34 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 186,098 8,550 60,823 6,499 10,080 16,434 6,205 23,532 5,955 3,055 9,916 11,996 * 23,053 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 161,510 8,430 48,631 7,756 9,301 14,190 5,202 22,342 5,363 2,264 8,920 10,638 18,473 Less-Held by F.R. Banks 17,660 953 2,423 2,267 671 1,116 2,065 1,702 724 395 1,365 1,574 2,405 F.R. notes, net 143,850 7,477 46,208 5,489 8,630 13,074 3,137 20,640 4,639 1,869 7,555 9,064 16,068 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 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 128,097 6,659 41,451 4,723 7,669 11,703 2,605 18,490 4,101 1,665 6,709 8,004 14,318 Total collateral ! 143,850 7,477 46,208 5,489 8,630 13,074 3,137 20,640 4,639 1,869 7,555 9,064 16,068 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