H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE '-rf^Wy 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 10, 1983 | Averages of daily figuie s (millions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, Week ended Change from week ended Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss Juf3 3' Jun?qiu June 9, Juny, fl 1Q«9 Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 140,540 + 770 + 10,839 141,063 Held under repurchase agreements — - 676 — — Federal agency obligations- Bought outright 8,908 — - 100 8,908 Held under repurchase agreements — - 40 — — Acceptances- Bought outright — — — — Held under repurchase agreements — - 50 — — Loans to depository institutions 906 - 227 - 398 803 Includes: seasonal borrowing of 107 - 1 - 110 101 extended credit of 453 - 77 + 338 457 Float 2,195 + 404 - 269 2,241 Other F.R. assets 8,012 - 35 - 506 8,289 Total Reserve Bank credit 160,560 + 145 + 9,565 161,304 Gold stock 11,132 — - 17 11,131 Special Drawing Rights certificate account 4,618 — + 800 4,618 Treasury currency outstanding 13,786 — + 18 13,786 Total Factors 190,096 _ 145 + 10,366 190,839 Currency in circulation* 159,248 + 1,097 + 12,564 159,752 Treasury cash holdings* 537 + 4 + 68 535 Treasury deposits with F.R. Banks 2,648 - 235 - 761 3,067 Foreign deposits with F.R. Banks 202 - 71 - 67 177 Other deposits with F.R. Banks 527 35 + 29 514 -• Required clearing balances 737 + 26 + 537 737 Other F.R. liabilities and capital 4,994 + 16 - 375 4,899 168,893 + 800 + 11,995 169,681 Reserve balances with F.R. Banks3 21,203 - 655 - 1,629 21,157 Total vault cash 20,101 + 219 + 542 20,101 (a) Vault cash at institutions with required reserve balances 13,524 - 22 + 393 13,524 (b) Vault cash equifto required reserves at other institutions 3,053 + 135 + 466 3,053 (c) Surplus vault cash at other institutions4 3,524 + 106 - 317 3,524 Reserve balances + total vault cash3 41,304 - 436 - 1,087 41,258 Reserve balances + total vault cash used to satisfy reserve requirements5 37,780 - 542 - 770 37,734 Required reserves 37,031 - 714 - 1,370 37,031 Excess reserve balances at F.R. Banks 6 749 + 172 + 600 703 On June 8» 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 110,145 million, an Increase of $62 million for the week. 1 Net of $ 1,933 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $1,933 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $ 1.596 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,596 million was with foreign official and international accounts. Includes $ 80 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 June 8, 1983 June 1, 1983 June 9, 1982 ASSETS Gold certificate account 11,131 18 Special Drawing Rights certif. acct. 4,618 + 800 Coin 396 1 + 10 Loans 803 1,321 - 4,867 Acceptances- 351 Held under repurchase aggreements Federal agency abligations- 8,908 100 Bought outright "•" • 278 •• Held under repurchase agreements 1 U.S. government securities: 58,678 + 1,469 + 8,880 Bought outright-Bills 63,107 -» + 1,964 Notes 19,278 -- ++ 1,137 Bonds 141,063 ++ 1,469 ++ 11,981 Total bought outright 2 — "" 44..773300 -- Held under repurchase agreements 1 141,063 33,,226611 ++ 11.981 Total U.S. government securities 150,774 - 5,211 + 7,014 Total loans and securities < 2,153> 8,818 - 3,500 + 2,033 Cash items in process of collection 554 - 4 + 36 Bank premises 7,735 + 121 - 813 Other assets 3 < 2,153> 184,026 • 8,596 + 9,062 TOTAL ASSETS LIABILITIES Federal Reserve notes 146,898 + 661 + 12,548 Deposits: Depository institutions 21,898 - 5,543 » 3,180 U.S. Treasury-genera I account 3,067 + 397 - 570 Foreign-official accounts 177 - 101 - 119 Other (2) 510 - 120 + 5 Total deposits (2) 25,652 - 5,367 - 3,864 Deferred availability cash items ( 2 151) 6,577 - 3,775 + 1,123 Other liabilities and accrued dividends 4 1,785 .- 176 - 917 TOTAL LIABILITIES ( 2,153) 180,912 • 8,657 + 8,890 CAPITAL ACCOUNTS Capital paid in 1,414 _„ + 97 Surplus 1,359 — + 81 Other capital accounts 341 + 61 - 6 * 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 $1,596 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $80 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 $38 million in Treasury Bills maturing within 9d0ays. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES June 8, 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 730 — 8,276 3,248 128 278 16 days to 90 days 73 — 28,947 + 661 651 + 66 91 days to 1 year — — 42,006 674 1,969 53 Over 1 year to 5 years — — 33,067 -- 4,452 13 Over 5 years to 10 years — — 11,700 .. 1,190 -- Over 10 years -- 1177,,006677 -- 551188 -- Total 8800FF — 114411,,006633 3,261 88,,990088 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 8, 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 11,131 577 3,368 541 659 963 371 1,504 418 143 605 750 1,232 Special Drawing Rights cert if. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 396 20 24 14 46 46 43 16 23 22 51 23 68 Loans 803 22 23 60 9 29 7 28 26 28 103 455 13 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 58,678 2,752 19,211 1,958 3,477 4,873 1,423 8,086 1,663 718 3,016 4,060 7,441 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 2 141,063 6,616 46,185 4,706 8,358 11,714 3,420 19,440 3,998 1,726 7,251 9,761 17,888 Held under repurchase agreements * -0- -- -- « -- -- -- .- — -- — -- -- Total U.S. government securities 141,063 6,616 46,185 4,706 8.358 11.714 3.420 19.440 3,998 1,726 7.2S1 9.761 17,888 Total loans and securities 150,774 7,056 49,124 5,063 8,895 12,483 3,643 20,696 4,276 1,863 7,812 10,832 19,031 Cash items in process of collection 10,971 342 1,055 341 311 2,184 1,546 1,097 425 428 1,063 820 1,359 Bank premises 554 97 25 51 27 110 34 20 15 27 24 18 106 Other assets 3 7,735 249 2,221 289 480 483 542 1,032 268 204 356 501 1,110 Interdistrict settlement account -0- + 254 + 1,425 - 141 - 308 + 53 - 386 - 282 + 166 + 21 - 238 • 1,021 + 457 TOTAL ASSETS 186,179 8,836 58,577 6,383 10,412 16,730 5,954 24,729 5,761 2,769 9,914 12,233 23,881 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 $ 1,596 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 80 million securities ioaned-fuily 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 $ 38 million in Treasury Bills maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

HA 1(c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON June 8, 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 146,898 7,841 46,293 5,306 8,946 13,351 3,188 21,053 4,721 1,884 7,578 9,547 17,190 Deposits: Depository institutions 21,898 601 6,812 644 874 979 1,382 2,483 431 369 971 1,601 4,751 U.S. Treasury—general account 3,067 — 3,067 — — — — — — — — — — Foreign-official accounts 177 4 64 7 11 8 12 20 4 5 7 10 25 Other 512 1 430 — 1 22 1 52 — — 2 2 1 Total deposits 25,654 606 10,373 651 886 1,009 1.395 2,555 435 374 980 1,613 4,777 Deferred availability cash items 8,728 216 620 221 249 2,056 1,078 447 467 382 1,087 724 1,181 Other liabilities and accrued dividends 1 1,785 84 502 63 114 148 54 255 52 28 126 123 236 TOTAL LIABILITIES 183,065 8,747 ' 57,788 6,241 10,195 16,564 5,715 24,310 5,675 2,668 9,771 12,007 23,384 CAPITAL ACCOUNTS Capital paid in 1,414 38 348 67 100 71 116 190 39 49 64 103 229 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 341 16 109 15 18 23 14 44 9 3 17 29 44 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 186,179 8,836 58,577 6,383 10,412 16,730 5,954 24,729 5,761 2,769 9,914 12,233 23,881 • FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 164,106 8,781 48,336 7,762 9.607 14,490 5,164 23,052 5,347 2,290 9,084 11,049 19,144 Less-Held by F.R. Banks 17,208 940 2,043 2,456 661 1,139 1,976 1,999 626 406 1,506 1,502 1,954 F.R. notes, net | 146,898 7,841 46,293 5,306 8,946 13,351 3,188 21,053 4,721 1,884 7,578 9,547 17,190 Collateral held against F.R. notes: Gold certificate account ! 11,131 577 3,368 541 659 963 371 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 131,149 7,023 41,590 4,540 7,985 11,980 2,656 18,903 4,133 1,680 6,732 8,487 15,440 Total collateral 146,898 7,841 46,293 5,306 8,946 13,351 3,188 21,053 4,721 1,884 7,578 9,547 17,190 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