H.4.1 Factors Affecting Reserve Balances of Depository Institutions

••<a^^u FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. FOR RELEASE AX 4:15 p.m. EASTERN TIME June 17, 1983 | Averages of daily figures (millions of dollars) RRReeessseeerrrvvveeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss,,, WWeeeekk eennddeedd | Change from week ended Wednesday RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss || JJuunnee 1155,, June 8T ! June 16» June 15, 1983 [ 1983 1982 1983 Reserve Bank credit: FT 2 U.S. government securities- Bought outright-system account ! 140,921 + 381 ' + 9,503 139,998 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 8,893 - 15 - 109 8,890 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — _„ — — Loans to depository institutions 1,812 + 906 + 883 4,412 Includes: seasonal borrowing of 110 + 3 - Ill 105 extended credit of 1,096 + 643 + 992 1,186 Float 1,514 - 589 - 574 1,444 Other F.R. assets 8,238 ±_ 226 - 419 8,838 Total Reserve Bank credit 161,378 +" 910 • + 9,283 163,582 Gold stock 11,131 - 1 18 11,131 Special Drawing Rights certificate account 4,618 — + 800 4,618 Treasury currency outstanding 1133,,778866 — ++ 1144 13,786 Total Factors 119900,,991133 __ 909 ++1100,,008800 193,117 Currency in circulation* 159,393 + 147 +12,478 159,598 Treasury cash holdings* 539 + 1 + 75 540 Treasury deposits with F.R. Banks 3,131 + 483 + 181 3,170 Foreign deposits with F.R. Banks 221 + 19 82 271 Other deposits with F.R. Banks 543 + 16 + 13 620 Required clearing balances 748 + 11 + 545 748 Other F.R. liabilities and capital 5,046 + 52 - 262 4,900 169,619 + 726 +12,947 169,847 Reserve balances with F.R. Banks3 21,292 + 181 - 2,370 23,269 Total vault cash 20,465 + 364 + 1,064 20,465 (a) Vault cash at institutions with required reserve balances 13,449 - 75 + 571 13,449 (b) Vault cash equal to required reserves at other institutions 3,214 + 161 + 663 3,214 (c) Surplus vault cash at other institutions4 3,802 + 278 170 3,802 Reserve balances + total vault cash3 41,757 + 545 - 1,806 43,734 Reserve balances + total vault cash used to satisfy reserve requirements5 37,955 + 267 - 1,636 39,932 RReeqquuiirreedd rreesseerrvveess 37,591 + 560 - 1,761 37,591 EExxcceessss rreesseerrvvee bbaallaanncceess aatt FF..RR.. BBaannkkss 364 z_ 293 j + 125 2,341 On June 15, 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 110,228 million, an increase of $83 million for the week. 1 Net of $2,756 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 29032 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. Government securities. 2 Net of $ 3,757million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,066 million was with foreign official and international accounts. Includes $ 109 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 WWeeddnneessddaayy ** Wednesday Wednesday June 15, 1983 June 8, 1983 Junei 16, 1982 ASSETS Gold certificate account 11,131 — - 18 Special Drawing Rights certif. acct. 4,618 -_ + 800 Coin 401 + 5 + 4 Loans 4,412 + 3,609 + 2,908 Acceptances- Held under repurchase aggreements _.. «... __ Federal agency obligations- Bought outright 8,890 18 - .112 Held under repurchase agreements 1 -- — -- U.S. government securities: Bought outright—Bills 57,700 - 978 + 6,181 Notes 63,107 — •f 1,964 Bonds 19,191 87 + 1,050 Total bought outright2 139,998 - 1,065 + 9,195 Held under repurchase agreements 1 -- -- »- Total U.S. government securities 139,998 - 1,065 ++ 9,192 Total loans and securities 153,300 + 2,526 + Titwr Cash items in process of collection (2,700) 9,123 + 305 - 846 Bank premises 554 .. + 35 Other assets 3 8,284 + 549 - 103 TOTAL ASSETS ((22,,770000)) 187,411 + 3,385 ••ff 11,863 LIABILITIES Federal Reserve notes 146,754 - \hL + 12,602 Deposits: Depository institutions 24,027 + 2,129 + 2 U.S. Treasury-general account 3,170 + 103 - 1,293 Foreign-official accounts 271 + 94 + 43 Other (1) 610 + 100 + 123 Total deposits (1) 28,078 + 2,426 - 1,125 Deferred availability cash items ( 2,699) 7,679 + 1,102 + 621 Other liabilities and accrued dividends 4 1,787 + 2 . 379 TOTAL LIABILITIES ( 2,700) 184,298 + 3,386 + 11,719 CAPITAL ACCOUNTS Capital paid in 1,416 + 2 + 91 Surplus 1,359 -- + 81 Other capital accounts 338 3 - 28 * Figures in parentheses are the eliminations made in the consolidating process. V£lil0t J^1^? U'5* 8°vernment and federal agency securities resold under matched sale-purchase transactions to toreign official and international accounts of which $-0- million was outstanding at the end of the latest statement week. 2 ?nrl«L!35?no m^ ^ ° n matchf*/ale-Purchase transactions outstanding at the end of the latest statement week. Includes $109 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 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 June 15, 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 4,367 -- 8,282 + 6 28 . 100 16 days to 90 days 45 -- 28,659 - 288 702 + 51 91 days to 1 year -- -- 41,223 - 783 1,975 + 7 Over 1 year to 5 years -- .-- 33,067 -- 4,501 + 49 Over 5 years to 10 years -- -- 11,700 „ 1,165 - 25 Over 10 years -- --55rr-- 1177,,006677 -- — 551188 -- Total 4,412 113399,,999988 1,065 88,,889900 —— 18 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 15, 1983 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louts Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,131 677 3,268 541 659 963 371 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 401 19 24 15 45 45 47 16 24 22 50 25 69 Loans 4,412 12 1,398 83 7 100 28 1,214 31 95 66 506 872 Acceptances held under repurchase agreements -0- -- -- -- — -- -- -- — -- — — — Federal agency obligations: Bought outright 8,890 417 2,911 297 526 738 216 1,225 252 109 457 615 1,127 Held under repurchase agreements 1 -0- -- — — -- -- -- -- -- -- -- — -- U.S. government securities: Bought outright-Bills 57,700 2,706 18,892 1,925 3,418 4,792 1,400 7,951 1,635 706 2,966 3,992 7,317 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 19,191 900 6,283 640 1,137 1,594 465 2,645 544 235 986 1,328 2,434 Total bought outright 2 139,998 6,566 45,837 4,670 8,294 11,626 3,395 19,293 3,968 1,713 7,196 9,687 17,753 Held under repurchase agreements 1 -0- -- -- -- -- -- -- -- -- -- — -- -- Total U.S. government securities 139,998 6,566 45,837 4,670 8,294 11,626 3,395 19,293 3,968 1,713 7,196 9,687 17,753 Total loans and securities 153,300 6,995 50,146 5,050 8,827 12,464 3,639 21,732 4,251 1,917 7,719 10,808 19,752 Cash items in process of collection 11,823 297 732 432 434 2,613 1,559 1,380 587 459 1,275 516 1,539 Bank premises 554 97 25 51 27 110 34 20 15 27 24 18 106 Other assets 3 8,284 253 2,576 302 489 465 508 1,066 234 202 363 731 1,095 Interdistrict settlement account -0- + 244 f 1,304 - 30 - 339 + 294 - 2 - 1,451 + 288 + 153 + 268 - 295 - 434 TOTAL ASSETS 190,111 8,823 59,410 6,586 10,444 17,362 6,317 24,913 5,987 2,984 10,545 12,863 23,877 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 $3,757 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 109 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 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 JUNE 15, 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 ,754 7,856 46,450 5,263 8,907 13 ,244 3,060 21,049 4,748 1,836 7,731 9,615 16,993 Deposits: Depository institutions 24 ,027 532 7,063 809 905 1 ,238 1,698 2,604 586 577 1,154 2,093 4,768 U.S. Treasury—general account 3 ,170 -- 3,170 T- — -- -- -- -» -- -- -- -- Foreign—official accounts 271 4 158 7 11 8 12 20 4 5 7 10 25 Other 611 1 524 — 1 _ 22 2 52 1 — 2 2 4 Total deposits 28" ,079 537 10,915 816 917 ,268 1,712 2,676 591 582 1,163 2,105 4,797 Deferred availability cash items 10 ,378 256 755 299 292 2 ,538 1,211 518 510 439 1,414 791 1,353 Other liabilities and accrued dividends1 1 ,787 85 497 64 111 148 95 253 52 26 94 125 237 TOTAL LIABILITIES 186 ,998 8,734 58,617 6,442 10,227 T7 ,198 6,078 24,496 5,901 2,883 10,402 12,636 23,384 CAPITAL ACCOUNTS Capital paid in 1 ,416 38 348 68 100 71 117 190 39 49 64 103 229 Surplus 1 ,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 338 16 113 16 18 21 13 42 9 3 17 30 40 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 190 ,111 8,823 59,410 6,586 10,444 17 ,362 6,317 24,913 5,987 2,984 10,545 12,863 23,877 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 164 ,980 8,814 48,798 7,723 9,614 14 ,516 5,146 23,062 5,417 2,280 9,261 11,201 19,148 Less-Held by F.R. Banks IfL. 226 958 2,348 2,460 707 1 ,272 2,086 2,013 669 444 1.530 1.586 2.153 F.R. notes, net 146 .754 7,856 46,450 5,263 8,907 13 ,244 3,060 21,049 4,748 1,836 7,731 9,615 16,995 Collateral held against F.R. notes: Gold certificate account 11 ,131 677 3,268 541 659 963 371 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 Other eligible assets -0- — — ... « — — -- — — -- -- -- U.S. govt, and agency securities 131, ,005 6,938 41,847 4,497 7,946 11 ,873 2,528 18,899 4,160 1,632 6,885 8,555 15,245 Total collateral 146 ,754 7,856 46,540 5,263 8,907 13 ,244 3,060 21,049 4,748 1,836 7,731 9,615 16,995 I 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