H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserves of Deposi ' Institutions and .fSSSS? Condition Statement of F.R. Banks FOR RELEASE AT 4:15 p.m. EASTERN TIME H.4.1. May 27, 1983 Averages of daily figures (millions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, WWeeeekk eennddeedd Change from week ended Wednesday RRpp<<pprr\\//pp RRaannkk rrrrpprriiiitt aannHH rrppllaattppHH iittppmmcc 1 lCoul Vw UCllltx vl Cullr at IU 1 CtCiivU 1 Ivf 113 MfU8- May 2b, May 25, 1982 1983 Reserve Bank credit: .1 2 U.S. government securities- Bought outright—system account 140,400 + 594 + 11,616 140,750 Held under repurchase agreements — — 556 — Federal agency obligations- Bought outright 8,908 — 100 8,908 Held under repurchase agreements — — 76 ~ Acceptances- Bought outright — — — — Held under repurchase agreements — — 231 — Loans to depository institutions 951 - 123 95 1,548 Includes: seasonal borrowing of 104 + 13 154 103 extended credit of 511 - 8 + 349 498 Float 1,597 + 37 370 2,225 Other F.R. assets 7,831 - 853 416 8,100 Total Reserve Bank credit 159,687 - 345 + 9,772 161,531" Gold stock 11,132 — 17 11,132 Special Drawing Rights certificate account 4,618 ~ + 800 4,618 Treasury currency outstanding 13,786 — + 29 13,786 Total Factors 189,223 "- 345 + 10,584 191,067 Currency in circulation* 157,003 - 362 + 12,266 157,624 Treasury cash holdings* 535 + 2 + 49 535 Treasury deposits with F.R. Banks 2,966 - 165 57 2,809 Foreign deposits with F.R. Banks 214 - 58 46 240 Other deposits with F.R. Banks 535 - 25 + 34 684 Required clearing balances 705 + 8 + 519 705 Other F.R. liabilities and capital 4,985 + 118 334 4,798 166,943 - 480 + 12,432 167,395 Reserve balances with F.R. Banks3 22,280 + 136 1,848 23,672 Total vault cash 18,896 - 602 + 436 18,896 (a) Vault cash at institutions with required reserve balances 13,213 + 49 + 546 13,213 (b) Vault cash equal to required reserves at other institutions 2,555 - 308 + 314 2,555 ((cc)) SSuurrpplluuss vvaauulltt ccaasshh aatt ootthheerr iinnssttiittuuttiioonnss44 3,128 - 343 424 3,128 RReesseerrvvee bbaallaanncceess ++ ttoottaall vvaauulltt ccaasshh 41,176 - 466 1,412 42,568 RReesseerrvvee bbaallaannccee** ++ ttoottaall vvaauulltt ccaasshh uusseedd ttoo ssaattiissffyy rreesseerrvvee rreeqquuiirreemmeennttss 38,048 - 123 988 39,440 RReeqquuiirreedd rreesseerrvveess ,, 37,640 -. 124 1,297 37,640 EExxcceessss rreesseerrvvee bbaallaanncceess aatt FF..RR.. BBaannkkss 408 + 1 + 309 1,800 On MaY 25» 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $107,950 million, a decrease of $1,717 million for the week. 1 Net of $ 1,862 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $1,862 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 1,612 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $1,612 million was with foreign official and international accounts. Includes $ 325 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 CONATION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday May 25, 1983 May 18, 1983 May 26, 1982 ASSETS Gold certificate account 11,132 — - 17 Special Drawing Rights certif. acct. 4,618 — + 800 Coin 426 6 + 33 Loans 1,548 - 480 + 181 Acceptances- — -_ -• Held under repurchase aggreements Federal agency abligations- Bought outright 8,908 -- - 100 Held under repurchase agreements 1 — — -- U.S. government securities: Bought outright-Bills 58,365 - 547 + 8,884 Notes 63,107 -_ + 1,964 Bonds 1199,,227788 — ++ 1,137 Total bought outright 2 114400,,775500 - 547 ++ 11,985 Held under repurchase agreements 1 — — — Total U.S. government securities 140,750 - 547 ++ 11,985 Total loans and securities 151,206 - 1,027 + 12,066 Cash items in process of collection ( 2,192) 8,797 - 290 + 1,820 Bank premises 553 .. + 35 Other assets 3 7,547 + 298 392 TOTAL ASSETS t 2,192) 184,279 - 1,025 + 14,345 LIABILITIES Federal Reserve notes 144,799 + 73 + 12,180 Deposits: Depository institutions 24,383 - 928 + 1,301 U.S. Treasury-general account 2,809 + 136 160 Foreign—official accounts 240 10 .. 32 Other (2) 678 + 166 + 133 Total deposits 26,116 - ~T3F + 1,242 Deferred availability cash items << 22,,119900)) 6,572 564 + 1,243 Other liabilities and accrued dividends 4 1,698 4- 98 486 TOTAL LIABILITIES ( 2,192) 181,179 - 1,029 + 14,179 CAPITAL ACCOUNTS Capital paid in 1,413 — + 97 Surplus 1,359 — + 81 Other capital accounts 328 + 4 - 12 * 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 $932 million was outstanding at the end of the latest statement week. 2 Net of $1,612 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $325 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 9 0days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES May 25, 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 Loans Acceptances Holdings | Weekly changes' Holdings 1 Weekly changes Within 15 days 1,508 6,335 1,487 61 32 16 days to 90 days 40 30,501 417 489 91 days to 1 year 42,165 1,358 2,200 + 106 Over 1 year to 5 years 32,983 4,450 90 Over 5 years to 10 years 11,700 1,190 + 16 Over 10 years 17,066 518 Total 1,548 140,750 547 8,908 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 25, 1983 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City 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 426 22 24 17 50 48 46 21 29 22 53 25 69 Loans 1,548 19 35 103 12 89 22 209 16 32 113 509 389 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 58,365 2,738 19,109 1,947 3,458 4,847 1,416 8,043 1,654 715 2,999 4,038 7,401 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 2 140,750 6,602 46,083 4,695 8,339 11,688 3,413 19,397 3,989 1,723 7,234 9,739 17,848 Held under repurchase agreements 1 -0- — — -- -- -- — — -- -- -- -- -- Total U.S. government securities 140,750 6,602 46,083 4,695 8,339 11,688 3,413 19,397 3,989 1,723 7,234 9,739 17,848 Total loans and securities 151,206 7,039 49,034 5,095 8,879 12,517 3,651 20,834 4,257 1,864 7,805 10,864 19,367 Cash items in process of collection 10,989 215 1,162 317 324 2,195 1,364 1,139 554 372 1,193 1,007 1,147 Bank premises 553 97 25 51 27 110 34 19 15 27 24 18 106 Other assets 3 7,547 234 2,146 291 468 438 489 1,188 210 200 341 486 1,056 Interdistrict settlement account -0- + 397 + 307 - 231 - 240 + 36 + 334 - 647 + 146 + 270 - 379 - 1,059 + 1,066 TOTAL ASSETS 186,471 8,822 57,402 6,306 10,469 16,715 6,450 24,704 5,799 2,959 9,883 12,401 24,561 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 $ 932 million was outstanding at the end of the latest statement week. 2 Net of $ 1,612 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 325 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 25, 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 144,799 7,501 45,753 5,277 8,731 13,232 3,331 20,762 4,638 1,854 7,517 9,466 16,737 Deposits: Depository institutions 24,383 916 6,281 598 1,126 1,027 1,728 2,740 538 618 1,051 1,735 6,025 U.S. Treasury—general account 2,809 2,809 Foreign—official accounts 240 4 127 7 11 8 12 20 •4 7 10 25 Other 680 2 601 1 16 1 52 1 1 2 1 2 Total deposits 28,112 922 9,818 605 1,138 1,051 1,741 2,812 543 624 1,060 1,746 6,052 Deferred availability cash items 8,762 225 621 219 262 2,114 1,083 455 477 353 1,074 838 1,041 Other liabilities and accrued dividends1 1,698 85 422 62 123 152 55 258 53 27 94 128 239 TOTAL LIABILITIES 183,371 8,733 56,614 6,163 10,254 16,549 6,210 24,287 5,711 2,858 9,745 12,178 24,069 CAPITAL ACCOUNTS Capital paid in 1,413 38 348 67 100 71 116 190 39 49 64 102 229 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 328 16 108 16 16 23 15 42 11 3 12 27 39 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 186,471 8,822 57,402 6,306 10,469 16,715 6,450 24,704 5,799 2,959 9,883 12,401 24,561 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 163,353 8,411 48,179 7,818 9,479 14,539 5,373 22,889 5,389 2,307 9,022 11,115 18,832 Less-Held by F.R. Banks I 18,554 910 2,426 2,541 748 1,307 2,042 2,127 751 453 1,505 1,649 2,095 F.R. notes, net 144,799 7,501 45,753 5,277 8,731 13,232 3,331 23,762 4,638 1,854 7,517 9,466 16,737 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 129,049 6,683 41,049 4,511 7,770 11,861 2,799 18,612 4,050 1,650 6,671 8,406 14,987 Total collateral 144,799 7,501 45,753 5,277 8,731 13,232 3,331 20,762 4,638 1,854 7,517 9,466 16,737 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