H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks FOR RELEASE AT 4:15 p.m. EASTERN TIME July 29, 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 JJuullyy 2277,, July 20, I July 28, July 27, 1983 1982 1983 Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 143,896 + 1,055 + 11,677 143,500 Held under repurchase agreements — 2,620 — — Federal agency obligations- Bought outright 8,880 — 121 8,880 Held under repurchase agreements — 156 — — Acceptances- Bought outright — — — — Held under repurchase agreements — 129 — — Loans to depository institutions 1,389 + 156 + 841 1,349 Includes: seasonal borrowing of 203 + 24 + 15 207 extended credit of 464 + 4 + 440 461 Float 1,569 15 185 1,497 Other F.R. assets 8,691 73 366 8,472 Total Reserve Bank credit 164,426 1,781 + 11,847 163,698 Gold stock 11,131 — 18 11,131 Special Drawing Rights certificate account 4,618 — + 600 4,618 Treasury currency outstanding 13,786 — — 13,786 Total Factors 193,961 1,781 + 12,429 193,233 Currency in circulation* 159,903 806 + 12,779 159,982 Treasury cash holdings* 525 + 1 + 106 525 Treasury deposits with F.R. Banks 4,517 + 1,208 + 1,159 3,315 Foreign deposits with F.R. Banks 231 31 30 242 OOtthheerr ddeeppoossiittss wwiitthh FF..RR.. BBaannkkss 620 70 50 589 SSeerrvviiccee--rreellaatteedd bbaallaanncceess aanndd aaddjjuussttmmeennttss 986 + 98 + 765 827 Other F.R. liabilities and capital 5,260 53 70 5,022 172,041 + 346 + 14,657 170,502 Reserve balances with F.R. Banks * 21,919 2,127 2,229 22,730 Total vault cash 21,037 + 1,890 + 785 21,037 (a) Vault cash at institutions with required reserve balances 14,259 + 1,251 + 636 14,259 (b) Vault cash equal to required reserves at other institutions 3.082 + 317 + 485 3,082 (c) Surplus vault cash at other institutions5 3,696 + 322 336 3,696 Reserve balances + total vault cash4 42,956 237 1,444 43,767 Reserve balances + total vault cash used to satisfy reserve requirements 6 39,260 559 1,108 40,071 Required reserves 38,891 623 1,166 38,891 Excess reserve balances at F,R. Banks 7 265 + 64 _± *&__ 1-ian On July 27, 1983, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $111,874 million, an increase of $212 million for the week. U Net of $1,645 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $1,645 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. Government securities. 2/ Net of $2,095 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $2,095 million was with foreign official and international accounts. Includes $203 million securities loaned—fully secured by U.S. Government securities. 3/ Consists of required clearing balances of $827 million and adjustments of $159 million to compensate for float. 4/ Excludes required clearing balances and adjustments to compensate for float. 5/ Total vault cash at institutions without required reserve balances less vault cash equal to their required reserves. 6/ Reserve balances with Federal Reserve Banks plus vault cash at institutions with required reserve balances plus vault cash equal to required reserves at other institutions. TJ Reserve balances with Federal Reserve Banks plus vault cash used to satisfy reserve requirements less required reserves. 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 July 27, 1983 July 20, 1983 July 28, 1982 ASSETS 11,131 18 Gold certificate account 4,613 600 Special Drawing Rights certif. acct. 403 4- 12 22 Coin 1,349 - 1,135 121 Loans Acceptances- 74 Held under repurchase aggreements 8,880 121 Federal agency obligations- -- - 140 -- Bought outright Held under repurchase agreements 1 60,227 „ 625 4- 7,575 U.S. government securities: Bought outright—Bills 63,958 „_ 4- 1,940 19,315 -. 4- 1,051 Notes 143,500 - 625 4-10,566 Bonds Total bought outright 2 -- __22__ 33,,778866 -- Held under repurchase agreements 1 143,500 44..441111 4-10,566 153,729 - 5,760 4-10,324 Total U.S. government securities 7,807 - 927 4- 64 Total loans and securities (2,213) 555 4- 2 4- 26 Cash items in process of collection 7,917 - 572 729 Bank premises Other assets 3 (2,213) 186,160 JL 7,245 4-10,245 TOTAL ASSETS LIABILITIES Federal Reserve notes 147,125 384 4-12,521 Deposits: Depository institutions 23,562 - 5,377 - 3,114 U.S. Treasury—general account 3,315 - 683 4- 388 Foreign—official accounts 242 - 26 59 Other 584 - 19 46 Total deposits 27,703 - 6,105 - 2,831 Deferred availability cash items (2,213) 6,310 - 599 4- 660 Other liabilities and accrued dividends 4 1,890 - 158 259 TOTAL LIABILITIES (2,213) 183,028 ~ 7,246 4-10,091 CAPITAL ACCOUNTS Capital paid in 1,427 -. 4- 93 Surplus 1,359 -- 4- 81 Other capital accounts 346 + 1 20 * 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 $2,095 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $203 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 $18 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. MATURITY DISTRIBUTION OF LOANS AND SECURITIES July 27, 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 1,306 4,955 2,670 31 151 16 days to 90 days 43 33,038 1,641 815 200 91 days to 1 year 43,334 100 1,914 95 Over 1 year to 5 years 33,108 4,418 100 Over 5 years to 10 years 11,874 1,134 6 Over 10 years 17,191 518 Total 1,349 143,500 - 4,411 8,880 140 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 July 27, 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 11,131 927 3,068 541 659 913 371 1,504 468 143 605 750 1,182 Special Drawing Rights cert if. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 403 13 26 16 40 53 48 13 23 20 48 30 73 Loans 1,349 5 12 73 157 70 7 238 37 68 142 520 20 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,880 417 2,908 296 526 737 215 1,224 252 109 456 614 1,126 Held under repurchase agreements 1 U.S. government securities: Bought outright-Bills 60,227 2,825 19,719 2,010 3,569 5,001 1,461 8,300 1,706 737 3,095 4,166 7,638 Notes 63,958 3,000 20,940 2,133 3,789 5,311 1,551 8,814 1,813 783 3,288 4,426 8,110 19,315 906 6,324 644 1,144 1,604 468 2,662 548 236 993 1,337 2,449 Total bought outright 2 143,500 6,731 46,983 4,787 8,502 11,916 3,480 19,776 4,067 1,756 7,376 9,929 18,197 Held under repurchase agreements 1 . -- -- -- — -- -- -- -- -- -. -- — -- Total U.S. government securities 143,500 6,731 46,983 4,787 8,502 11,916 3,480 19,776 4,067 1,756 7,376 9,929 18,197 Total loans and securities 153,729 7,153 49,903 5,156 9,185 12,723 3,702 21,238 4,356 1,933 7,974 11,063 19,343 Cash items in process of collection 10,020 316 857 306 290 2,042 1,160 1,129 573 399 1,138 627 1,183 Bank premises 555 97 25 51 27 110 34 19 15 27 25 18 107 Other assets 3 ! 7,917 270 2,378 291 493 517 467 1,055 222 200 374 532 1,118 Interdistrict settlement account -0- - 153 + 1,080 + 33 - 485 107 + 153 -»- 39 + 248 % - 3% 665 + 349 TOTAL ASSETS !188,373 8,864 58,672 6,619 10,511 16,659 6,096 25,643 6,075 2,687 10,009 12,665 23,873 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 $ 2,095 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 203 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 $ 18 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 July 27, 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 147,125 7,894 46,873 5,439 8,585 13,115 3.048 21,330 4,749 1,671 7,610 9,672 17,139 Deposits: Depository institutions 23,562 520 5,822 734 1,337 1,198 1.804 3,104 652 531 1,040 1,947 4,873 U.S. Treasury—general account 3,315 — 3,315 — — — — — — Foreign-official accounts 242 4 129 7 11 8 12 20 4 5 7 10 25 Other 584 — 524 1 — 21 1 29 2 — 2 1 3 Total deposits 27,703 524 9,790 742 i,348 1,227 1,817 3,153 658 536 1,049 1,958 4,901 Deferred availability cash items 8,523 265 667 227 238 1,985 936 466 525 351 1.104 671 1,088 Other liabilities and accrued dividends 1 1,890 92 546 66 121 161 56 275 56 25 101 135 256 TOTAL LIABILITIES 1 185,241 8,775 57,876 6,474 10,292 16,488 5,857 25,224 5,988 2,583 9,864 12,436 23,384 CAPITAL ACCOUNTS Capital paid in 1,427 38 350 68 101 73 115 191 39 50 66 104 232 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 346 16 114 17 19 26 15 43 10 5 17 31 33 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 188,373 8,864 58,672 6,619 10,511 16,659 6,096 25,643 6,075 2,687 10,009 12,665 23,873 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 169,114 9,195 49,940 7,980 9,413 14,663 5.695 23,479 5,525 2,271 9,392 11,381 20,180 Less-Held by F.R. Banks 21,989 1,301 3,067 2,541 828 1,548 2,647 2.149 776 600 1,782 1,709 3,041 F.R. notes, net 147,125 7,894 46,873 5,439 8.585 13,115 3,048 21,330 4,749 1,671 7.610 9,672 17,139 Collateral held against F.R. notes: Gold certificate account 11,131 927 3,068 541 659 913 371 1,504 468 143 605 750 1,182 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 131,376 6,726 42,470 4,673 7,624 11,794 2,516 19,180 4,111 1.467 6,764 8,612 15,439 Total collateral 147,125 7,894 46,873 5,439 8,585 13,115 3,048 21,330 4,749 1,671 7,610 9,672 17,139 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