H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE •?^P? Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For Release at 4:15 p.m. EST May 20, 1983 Averages of daily figures (mil ions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, WWeeeekk eennddeedd 1 Change from week ended Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss !! MMaa 11 yy 99 88 11 33 88 ,, M 1Q ay »1 11, 1 May B L 1 2 9, ftBh18' Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 139,806 + 1,748 + 10,872 141,297 Held under repurchase agreements — — - 793 — Federal agency obligations- Bought outright 8,908 — - 100 8,908 Held under repurchase agreements — — - 89 — Acceptances- Bought outright — — — — Held under repurchase agreements — — - 233 — Loans to depository institutions 1,074 + 365 + 108 2,028 Includes: seasonal borrowing of 91 — - 141 97 extended credit of 519 + 13 + 340 519 Float 1,521 - 673 - 230 1,951 Other F.R. assets 8,684 - 983 - 322 7,802 Total Reserve Bank credit 159,993 + 458 + 9,213 161,986 Gold stock 11,132 - 2 - 17 11,132 Special Drawing Rights certificate account 4,618 — + 800 4,618 Treasury currency outstanding 13,786 — + 30 13,786 Total Factors 189,529 — 456 + 10,026 191,522 Currency in circulation* 157,363 + 372 + 12,467 157,545 Treasury cash holdings* 535 + 3 + 47 535 Treasury deposits with F.R. Banks 3,131 - 681 + 9 2,673 Foreign deposits with F.R. Banks 272 + 49 + 13 250 Other deposits with F.R. Banks 560 + 6 • + 60 517 Required clearing balances 697 + 8 + 511 697 Other F.R. liabilities and capital 4,867 - 27 - 336 4,696 167,423 - 272 + 12,769 166,913 Reserve balances with F.R. Banks3 22,105 + 728 _ 2,744 24,609 Total vault cash 19,498 - 796 + 946 19,498 (a) Vault cash at institutions with required reserve balances 13,164 - 432 + 607 13,164 (b) Vault cash equal to required reserves at other institutions 2,863 - 167 + 554 2,863 (c) Surplus vault cash at other institutions4 3,471 - 197 - 215 3,471 Reserve balances + total vault cash3 41,603 - 68 - 1,798 44,107 Reserve balances + total vault cash used to satisfy reserve i requirements5 38,132 + 129 - 1,583 40,636 Required reserves 6 37,764 + 196 - 1,511 1 37,764 Excess reserve balances at F.R. Banks 368 z_ 67 - 72 2.872 On M&y 18, 1983 marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter # national accounts were $109,667 million, a decrease of $ 304 million for the week. 1 Net of $2,092 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,092 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 729 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 729 million was with foreign official and international accounts. Includes $ 161 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 Wednesday Wednesday Wednesday May 18, 1983 May 11, 1983 May i*„ 1982 ASSETS Gold certificate account 11,132 17 Special Drawing Rights certif. acct. 4,618 + 800 Coin 432 7 + 35 Loans 2,028 858 + 970 Acceptances- 944 Held under repurchase aggreements Federal agency abligations— 8,908 100 Bought outright 417 Held under repurchase agreements 1 U.S. government securities: 58,912 + 3,225 + 9,838 Bought outright—Bills 63,107 + 920 + 1,964 Notes 19,278 + 283 + 1,137 Bonds 141,297 + 4,428 + 12,939 Total bought outright 2 2,933 Held under repurchase agreements 1 141,257 + 10,006 Total U.S. government securities 152,?33 + 9,515 Total loans and securities (2,911) 9,087 + 1 488 4 Cash items in process of collection 553 + 37 Bank premises 7 ? 249 - 2,046 829 Other assets 3 (2,911) 185,304 •f 3,486 + 11,029 TOTAL ASSETS LIABILITIES Federal Reserve notes 144,726 177 + 12,561 Deposits: Depository institutions 25,311 + 3,931 - 1,667 U.S. Treasury-general account 2,673 - 879 - 1,024 Foreign—official accounts £50 + 28 + 9 Other (312) 512 40 4* 5 Total deposits (512) 23,746 + 3,040 - 2,677 Deferred availability cash items (2,399) 7,136 + 607 4- 1,545 Other liabilities and accrued dividends 4 1,600 4- 23 574 TOTAL LIABILITIES (2,911) 182,208 + 3,493 + 10,855 CAPITAL ACCOUNTS Capital paid in 1,413 + 4 + 98 Surplus 1,359 — + 81 Other capital accounts 324 11 5 * 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 $2,227 million was outstanding at the end of the latest statement week 2 Net of $729 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $161 million securities loaned—fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes ispecial investment account at Chicago of $37 million in Treasury Bills maturing within 9 0days. A Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES May 18, 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 7 Federal agency obligations LLooaannss AAcccceeppttaanncceess Holdings | Weekly changes | HHoollddiinnggss || WWeeeekk ly changes Within 15 days 2,011 — 7,822 + 1»553 9933 ++ 61 16 days to 90 days 17 -- 30,918 + 6,119 489 - 60 91 days to 1 year — — 40,80? - 3,894 2,094 • 1 Over 1 year to 5 years — — 32,983 + 1.4*4 4,540 JU 11 Over 5 years to 10 years — -- 11,700 - ^,12.8 1,174 - 11 Over 10 years — ... 1177..006677 ++ 228844 5511SS ~„ Total 2,028 — 114411,,229977 44 44 55 442288 „- 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 18, 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 11,132 577 3,369 541 659 963 371 1,504 418 143 605 750 1,232 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 432 23 24 18 51 50 48 21 24 23 53 25 72 Loans 2,028 21 1,120 20 6 52 43 18 11 88 89 531 29 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 58,912 2,763 19,288 1,966 3,491 4,892 1,429 8,118 1,670 721 3,028 4,076 7,470 Notes 63,107 2,960 20,662 2,105 3,739 5,240 1,530 8,697 1,789 772 3,244 4,367 8,002 Bonds 19.278 904 6.312 643 1.142 1.601 467 2.657 546 236 991 1.334 2.445 Total bought outright 2 141,297 6,627 46,262 4,714 8,372 11,733 3,426 19,472 4,005 1,729 7,263 9,777 17,917 Held under repurchase agreements 1 -0- -- -- -- — -- -- -- -- -- — -- -- Total U.S. government securities 141.297 6.627 46.262 4.714 8.372 11,733 3.426 19.472 4.005 1.729 7.263 9.777 17.917 Total loans and securities 152,233 7,066 50,298 5,031 8,906 12,525 3,685 20,718 4,268 1,926 7,810 10,924 19,076 Cash items in process of collection 11,998 271 953 326 - 277 2,509 1,657 1,323 636 461 1,450 1,223 1,466 Bank premises 553 97 25 51 27 110 34 19 15 27 24 18 106 Other assets 3 7,249 235 2,100 280 465 422 469 976 193 203 335 488 1,083 Interdistrict settlement account -0- + 164 + 257 - 68 - 54 - 220 - 173 - 372 + 224 + 187 - 355 - 667 + 1.077 TOTAL ASSETS 188,215 8,674 58,361 6,404 10,079 16,767 6,252 24,835 5,948 3,031 10,163 13,071 24,630 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 $ 2,227 million was outstanding at the end of the latest statement week. 2 Net of $ 729 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 161 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 $ 37 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 18, 1983 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES i Federal Reserve notes ! 144,726 7,541 46,161 5,321 8,801 13,141 2,915 20,921 4,644 1,892 7,593 9,318 16,478 Deposits: Depository institutions 25,311 729 7,102 671 636 1,012 1,905 2,656 636 625 1,108 2,083 6,148 U.S. Treasury—general account 2,673 — 2,673 — — — — — — — — — — Foreign-official accounts 250 4 137 7 11 8 12 20 4 5 7 10 25 Other 1,024 2 432 — 1 17 1 5533 33 551144 1 Total deposits 29,258 735 10,344 678 648 1,037 1,918 "" 22,,772299 664400 663300 11,,111188 22,,660077 6,174 Deferred availability cash items 9,535 228 683 204 295 2,282 1,128 524 529 380 1,222 803 1,257 Other liabilities and accrued dividends1 1,600 82 385 59 119 144 53 244 50 28 88 119 229 TOTAL LIABILITIES 185,119 8,566 57,573 6,262 9,863 16,604 6,014 24,418 5,863 2,930 10,021 12,847 24,138 CAPITAL ACCOUNTS Capital paid in 1,413 38 348 67 99 71 117 190 39 49 64 102 229 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 324 15 108 15 18 20 12 42 8_ 3 16 28 39 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 188,215 8,674 58,361 6,404 10,079 16,767 6,252 24,835 5,948 3,031 10,163 13,071 24,630 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 162,920 8,423 48,602 7,808 9,508 14,426 4,880 22,923 5,392 2,304 8,978 10,978 18,698 Less-Held by F.R. Banks 18,194 882 2,441 2,487 707 1,285 1,965 2,002 748 412 1,385 1,660 2,220 F.R. notes, net 144,726 7,541 46,161 5,321 8,801 13,141 2,915 20,921 4,644 1,892 7,593 9,318 16,478 Collateral held against F.R. notes: Gold certificate account 11,132 577 3,369 541 659 963 371 1,504 418 143 605 750 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 128,976 6,723 41,457 4,555 7,840 11,770 2,383 18,771 4,056 1,688 6,747 8,258 14,728 Total collateral 144,726 7,541 46,161 5,321 8,801 13,141 2,915 20,921 4,644 1,892 7,593 9,318 16,478 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