H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and •^fffSP? Condition Statement of F.R. Banks FOR RELEASE AT 4:15 p.m. EASTERN TIME H.4.1. July 1, 1983 Averages of daily figures (millions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, Week ended Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Ju 1 n 9 e 8 3 29, Jun fqj^' jufly°» June 29, Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 141,615 - 338 + 11,157 140,729 Held under repurchase agreements — - 474 — — Federal agency obligations- Bought outright 8,890 — 112 8,890 Held under repurchase agreements — - 47 — — Acceptances- Bought outright — — — — Held under repurchase agreements — - 83 — — Loans to depository institutions 2,102 + 387 + 486 2,080 Includes: seasonal borrowing of 143 + 18 125 140 extended credit of 1,262 + 201 + 1,169 1,356 Float 1,706 + 24 + 31 1,638 Other F.R. assets 8,509 +_ 21 518 8,833 Total Reserve Bank credit 162,821 - 511 + 11,043 162,170 Gold stock 11,131 — 18 11,131 Special Drawing Rights certificate account 4,618 — + 800 4,618 Treasury currency outstanding 13,786 — + 5 13,786 Total Factors 192,356 r~ 511 + 11,830 191,705 Currency in circulation* 158,830 - 238 + 12,709 159,936 Treasury cash holdings* 537 + 2 + 71 540 Treasury deposits with F.R. Banks 3,858 + 20 + 718 4,026 Foreign deposits with F.R. Banks 221 + 8 101 241 Other deposits with F.R. Banks 575 +. 59 + 114 443 Required clearing balances 772 + 12 + 560 772 Other F.R. liabilities and capital 5,197 - 9 147 5,038 169,988 - 148 + 13,922 170,996 Reserve balances with F.R. Banks3 22,367 - 362 - 2,093 20,708 Total vault cash 20,202 + 587 + 512 20,202 (a) Vault cash at institutions with required reserve balances 13,982 + 163 + 602 13,982 (b) Vault cash equal to required reserves at other institutions 2,809 + 245 + 317 2,809 (c) Surplus vault cash at other institutions4 3,411 + 179 407 3,411 Reserve balances + total vault cash3 42,569 + 225 - 1,581 40,910 Reserve balances + total vault cash used to satisfy reserve requirements5 39,158 + 46 - 1,174 37,499 RReeqquuiirreedd rreesseerrvveess ,, 38,566 - 28 1,238 38,566 EExxcceessss rreesseerrvvee bbaallaanncceess aatt FF..RR.. BBaannkkss 592 + 74 + 64 - 1,067 On June 29, 1983 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and inter national accounts were $ 110,758 million, an increase of $2,091 million for the week. Net of $ 2,289 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,289million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. Net of $ 3,189 million matched sale-purchase transactions outstanding at the end of the latest Statement week, of which a net of $ 3,189 million was with foreign official and international accounts. Includes $ 142 million securities loaned-fully secured by U.S. Government securities. Exclude required clearing balances. 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 29, 1983 June 22. 1983 June 30. 1982 ASSETS Gold certificate account 11,131 — 18 Special Drawing Rights certif. acct. 4,618 + 800 Coin 387 11 28 Loans 2,080 + 180 + 442 Acceptances- Held under repurchase aggreements 272 Federal agency obligations- Bought outright 8,890 112 Held under repurchase agreements 1 142 U.S. government securities: Bought outright-Bills 58,431 - 1,408 +10,510 Notes 63,107 _— + 2,164 BBoonnddss 19,191 — + 1,050 TToottaall bboouugghhtt oouuttrriigghhtt 22 140,729 - 1,408 +13,724 HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss 11 - 1,319 TToottaall UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess 140,729 - 2,727 +13,724 Total loans and securities 151,699 - 2,961 +14,054 Cash items in process of collection {2,394 > 8,475 - 650 - 1,128 Bank premises 553 1 + 32 Other assets 3 8,280 + 194 12 TOTAL ASSETS **22,,339944 )) 3,85,143 - 3,429 +13^700 LIABILITIES Federal Reserve notes 147,078 + 847 +12,850 Deposits: Depository institutions 21,487 - 4,717 + 1,289 U.S. Treasury—general account 4,026 + 647 73 Foreign-official accounts 241 + 61 345 Other (6) 436 11 1 Total deposits ,(6) 26,190 - 4,020 +~~ 870 Deferred availability cash items * 2,388 ' 6,837 241 221 Other liabilities and accrued dividends 4 1,927 10 - 152 TOTAL LIABILITIES (2,394 * 182,032 - 3,424 +13,347 CAPITAL ACCOUNTS Capital paid in 1,421 + 1 + 94 Surplus 1,359 + 81 Other capital accounts 331 6 + 178 * 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 $3,189 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $142 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 $30 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. 6 MATURITY DISTRIBUTION OF LOANS AND SECURITIES, JUNE 29, 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 j Weekly changes Within 15 days 2,039 -^ 5,960 -1,776 192 -109 16 days to 90 days 41 — 30,096 - 904 582 + 11 91 days to 1 year ,.- — 42,839 - 47 2,012 + 36 Over 1 year to 5 years — — 33,067 4,421 - 80 Over 5 years to 10 years — -^ 11,700 1,165 Over 10 years 1177,,006677 — 551188 — ~~--iirr~~ Total 2,080 114400,,772299 -2,727 88,,889900 -142 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 29, 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 11,131 677 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 Coin 387 16 22 15 42 43 45 16 23 21 49 26 69 Loans 2,080 37 31 114 13 53 26 98 44 49 179 506 930 Acceptances held under repurchase agreements -0- Federal agency obligations: Bought outright 8,890 417 2,911 296 527 738 216 1,225 252 109 457 615 1,127 Held under repurchase agreements 1 -0- U.S. government securities: Bought outright—Bills 58,431 2,741 19,131 1,950 3,462 4,852 1,417 8,052 1,656 715 3,003 4,043 7,409 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 2 140,729 6,601 46,076 4,695 8,338 11,686 3,412 19,394 3,989 1,722 7,233 9,738 17,845 Held under repurchase agreements 1 -0- Total U.S. government securities 140.729 6.601 46.076 4,695 8,338 11,686 3,412 19,394 3,989 1,722 7,233 9,738 17,845 Total loans and securities 151,699 7,055 49,018 5,105 8,878 12,477 3,654 20,717 4,285 1,880 7,869 10,859 19*902 Cash items in process of collection 10,869 264 792 306 306 2,194 1,23a 1,336 602 459 1,229 848 1,295 Bank premises 553 97 25 51 27 110 34 19 15 27 24 18 106 Other assets 3 8,280 290 2,393 394 509 499 504 1,141 227 209 379 583 1,152 Interdistrict settlement account -0- + 387 +1.650 - 184 - 277 + 320 + 411 - 972 + 231 - 113 - 396 - 719 - 338 TOTAL ASSETS 187,537 9,027 58,503 6,453 10,446 17,014 6,418 24,407 5,971 2,687 10,000 12,675 23,936 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 $ 3,189 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 142 million securities foaned-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 $ 30 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 29, 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 147 ,078 7,893 46 ,376 5,482 8,744 13,495 3,375 20 ,799 4,758 1,734 7,711 9,669 17,042 Deposits: Depository institutions 21 ,487 711 5 ,571 495 i,nr 1,037 1,712^ 2 ,179 513 422 923 1,850 4,963 U.S. Treasury—general account 4 ,026 — 4 ,026 . -. -^ — V- — — — — Foreign—off icial accounts 241 4 128 7 11 8 12 20 4 5 7 10 25 Other 442 1 360 1 18 2 51 1 -. — 3 2 3 •*-. Total deposits 26 ,196 716 10 ,085 502 1,123 1,063 1,726 2 ,250 518 427 933 1,862 4,991 Deferred availability cash items 9 ,225 238 678 256 239 2,129 1,020 666 552 396 1,114 782 1,155 Other liabilities and accrued dividends 1 1 ,927 91 574 68 123 161 58 274 56 28 100 135 259 TOTAL LIABILITIES 184 ,426 8,938 T7" ,713 6,308 10,229 16,848 6,179 ~~2T, 989 5,884 2,585 9,858 12,448 23,447 CAPITAL ACCOUNTS Capital paid in 1 ,421 38 350 68 101 71 117 190 39 49 65 103 230 Surplus 1 ,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 331 16 108 17 17 23 13 43 10 4 15 30 35 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 187 ,537 9,027 58 ,503 6,453 10,446 17,014 6,418 24 ,407 5,971 2,687 10,000 12,675 23,936 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 166 ,482 8,864 49 ,130 8,025 9,495 14,727 5,536 22 ,981 5,435 2,291 9,303 11,303 19,392 Less-Held by F.R. Banks 19,404 971 2 ,754 2,543 751 1,232 2,161 2 ,182 677 557 1,592 1,634 2,35C F.R. notes, net 147 ,078 " 7,893 46 ,376 5,482 8,744 13,495 3,375 20 ,799 4,758 1,734 7,711 9,669 17,042 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 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 ,329 6,975 41 ,773 4,716 7,783 12,124 2,843 18 ,649 4,170 1,530 6,865 8,609 15,292 Total collateral "147 ,078 7,893 46 ,376 5,482 8,744 13,495 3,375 20 ,799 4,758 1,734 7,711 9,669 17,042" 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