H.4.1 Factors Affecting Reserve Balances of Depository Institutions

* o* covi FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For Release at 4:15 p.m. Eastern Time June 3, 1983 Averages of daily figures (millions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, Week ended Change from week ended Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss June 1, M?^5- J re§72' June 1, Reserve Bank credit: 1 2 U.S. government securities- Bought outright-system account 139,770 - 630 + 10,479 139,594 Held under repurchase agreements 676 + 676 + 106 4,730 Federal agency obligations- Bought outright 8,908 — - 100 8,908 Held under repurchase agreements 40 + 40 - 37 278 Acceptances- Bought outright — — — — Held under repurchase agreements 50 + 50 - 301 351 Loans to depository institutions 1,133 + 182 + 85 2,124 Includes: seasonal borrowing of 109 + 5 - 151 118 extended credit of 530 + 19 + 398 493 Float 1,716 + 67 - 707 1,983 Other F.R. assets 8,045 + 214 - 398 8,153 Total Reserve Bank credit 160,338 + 599 + 9,128 166,121 Gold stock 11,132 — - 17 11,132 Special Drawing Rights certificate account 4,618 — + 800 4,618 TTrreeaassuurryy ccuurrrreennccyy oouuttssttaannddiinngg 13,786 — + 19 13,786 TToottaall FFaaccttoorrss 189,874 + 599 + 9,930 195,657 Currency in circulation** 158,147 + 1,143 + 12,396 159,071 Treasury cash holdings** 535 + 2 + 59 535 Treasury deposits with F.R. Banks 2,883 - 83 + 45 2,670 Foreign deposits with F.R. Banks 273 + 59 - 66 278 Other deposits with F.R. Banks , 562 + 27 - 48 630 Required clearing balances 711 + 6 + 524 711 Other F.R. liabilities and capital 4,981 - 4 - 610 5,035 168,093 + 1,150 + 12,302 168,930 Reserve balances with F.R. Banks3 21,781 - 551 - 2,372 26,727 Total vault cash 19,882 + 986 + 707 19,882 (a) Vault cash at institutions with required reserve balances 13,546 + 333 + 569 13,546 (b) Vault cash equal to required reserves at other institutions 2,918 + 363 + 454 2,918 ((cc)) SSuurrpplluuss vvaauulltt ccaasshh aatt ootthheerr iinnssttiittuuttiioonnss44 3,418 + 290 - 316 3,418 RReesseerrvvee bbaallaanncceess ++ ttoottaall vvaauulltt ccaasshh 41,663 + 435 _ 1,665 46,609 RReesseerrvvee bbaallaanncceess ff ttoottaall vvaauulltt ccaasshh uusseedd ttoo ssaattiissffyy rreesseerrvvee rreeqquuiirreemmeennttss 38,245 + 145 - 1,349 43,191 RReeqquuiirreedd rreesseerrvveess ,, 37,745 + 105 - 1,177 37,745 EExxcceessss rreesseerrvvee bbaallaanncceess aatt FF..RR.. BBaannkkss 500 + 40 - 172 5,446 On June 1, 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 110,083 million, an increase of $2,133 million for the week. 1 Net of $2,605 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,605 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $2 ,811 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,811 million was with foreign official and international accounts. Includes $ 562 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 (Dallas 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 Change since ** WWeeddnneessddaayy Wednesday Wednesday June 1, 1983** May 25, 1983 June 2, 1982 ASSETS Gold certificate account 11,132 — 17 Special Drawing Rights certif. acct. 4,618 -- + 800 Coin 397 - 29 + 11 Loans 2,124 + 576 + 922 Acceptances- Held under repurchase aggreements 351 + 351 - 1,073 Federal agency abligations— Bought outright 8,908 — 100 Held under repurchase agreements 1 278 + 278 10 U.S. government securities: Bought outright-Bills 57,209 - 1,156 + 7,366 Notes 63,107 — + 1,964 Bonds 1199,,227788 — + 1.137 .."" Total bought outright 2 113399,,559944 1,156 +10,467 Held under repurchase agreements 1 4,730 +_4 ,730 +1,734 Total U.S. government securities 144,324 +"3 ,574 +12,201 Total loans and securities 155,985 +"4 ,779 +11,940 Cash items in process of collection ( 3,175) 12,034 + 3,237 + 1,158 Bank premises 558 + 5 + 40 Other assets 3 7,595 +_ 48 - 378 TOTAL ASSETS ( 3,175) 192,319 +""8 ,040 +13,554 LIABILITIES Federal Reserve notes 146,217 + 1,418 +12,408 Deposits: Depository institutions 27,441 + 3,058 + 221 U.S. Treasury—general account 2,670 - 139 - 884 Foreign—official accounts 278 + 38 + 13 Other (6) 627 - 51 53 Total deposits (6) 31,016 + 2,906 703 Deferred availability cash items ( 3,169) 10,051 + 3,479 + 2,098 Other liabilities and accrued dividends 4 1,966 +_ 268 - 353 TOTAL LIABILITIES ( 3,175) 189,250 +~8 ,071 +13,450 CAPITAL ACCOUNTS Capital paid in 1,413 — + 96 Surplus 1,359 -- + 81 Other capital accounts 297 - 31 73 * 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 $2,811 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $562 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. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. **Estimated (Dallas District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES June 1, 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" Weekly changes Within 15 days 2,061 351 11,524 + 16 days to 90 days 63 28,286 2,215 585 + 96 91 days to 1 year 42,680 + 515 2,022 178 Over 1 year to 5 years 33,067 + 84 4,465 15 Over 5 years to 10 years 11,700 1,190 17,067 + 518 Over 10 years Total 2,124 351 144,324 + 3,574 9,186 278 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 June 1, 1983 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas * San 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 397 19 21 16 47 46 43 18 22 22 52 23 68 Loans 2,124 25 137 290 31 49 24 126 36 43 112 484 767 Acceptances held under repurchase agreements 351 351 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 1 278 278 U.S. government securities: Bought outright—Bills 57,209 2,683 18,731 1,909 3,390 4,751 1,387 7,884 1,622 700 2,940 3,958 7,254 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 2 139,594 6,547 45,705 4,657 8,271 11,592 3,384 19,238 3,957 1,708 7,175 9,659 17,701 Held under repurchase agreements 1 4,730 4,730 Total U.S. government securities 144,324 6,547 50,435 4,657 8,271 11,592 3,384 19,238 3,957 1,708 7,175 9,659 17,701 Total loans and securities 155,985 6,990 54,117 5,244 8,830 12,381 3,624 20,592 4,245 1,860 7,745 10,759 19,598 Cash items in process of collection 15,209 378 1,369 447 496 3,242 1,877 1,475 813 594 1,945 953 1,620 Bank premises 558 97 29 51 27 110 34 20 15 27 24 18 106 Other assets 3 7,595 237 2,297 296 493 454 508 1,001 207 204 347 488 1,063 Interdistrict settlement account -0- + 417 - 4,344 + 389 - 292 + 195 + 387 - 241 + 433 + 342 - 121 - 278 + 3,113 TOTAL ASSETS 195,494 8,956 58,193 7,209 10,562 17,799 7,005 25,015 6,323 3,253 10,838 13,023 27,318 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 $ 2,811 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 562 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. # Estimated (Dallas 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 June 1, 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 146,217 7,606 46,083 5,298 8,889 13,390 3,392 20,957 4,683 1,876 7,578 9,521 16,944 Deposits: Depository institutions 27,441 842 6,194 1,317 866 1,009 1,834 2,550 781 670 1,113 2,289 7,976 U.S. Treasury—general account 2,670 — 2,670 — — — — — — — — — — Foreign—official accounts 278 4 165 7 11 8 12 20 4 5 7 10 25 Other 633 1 542 3 24 2 52 ' 1 — 3 3 2 Total deposits 31,022 847 9,571 1,324 880 1,041 1,848 2,622 786 675 1,123 2,302 8,003 Deferred availability cash items 13,220 332 1,073 384 461 3,053 1,478 771 717 577 1,904 833 1,637 Other liabilities and accrued dividends 1 1,966 84 691 63 120 149 52 254 53 25 94 130 251 TOTAL LIABILITIES 192,425 8,869 57,418 7,069 10,350 17,633 6,770 24,604 6,239 3,153 10,699 12,786 26,835 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 297 14 95 13 13 23 10 36 7 2 13 41 30 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 195,494 8,956 58,193 7,209 10,562 17,799 7,005 25,015 6,323 3,253 10,838 13,023 27,318 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 163,568 8,527 48,183 7,790 9,547 14,506 5,269 22,983 5,359 2,299 9,031 11,079 18,995 Less-Held by F.R. Banks 17,351 921 2,100 2,492 658 1,116 1,877 2,026 676 423 1,453 1,558 2,051 F.R. notes, net 146,217 7,606 46,083 5,298 8,889 13,390 3,392 20,957 4,683 1,876 7,578 9,521 16,944 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 130,467 6,788 41,379 4,532 7,928 12,019 2,860 18,807 4,095 1,672 6,732 8,461 15,194 Total collateral 146,217 7,606 46,083 5,298 8,889 13,390 3,392 20,957 4,683 1,876 7,578 9,521 16,944 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. ^Estimated (Dallas District) # Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis