H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•«bicoii' B FEDERAL RESERVE "f^f^f- 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 August 12, 1983 Averages of daily figures (millions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss AAuugguusstt 1100,, Au aarr 33>> Au SSBB** nn»» August 10, 1Q83 1 L IQft^ Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 143,967 - 8 • + 12,320 145,249 Held under repurchase agreements "*— — - 197 — Federal agency obligations- Bought outright 8,880 — - 108 8,880 Held under repurchase agreements — — - 73 — Acceptances- Bought outright — — — — Held under repurchase agreements — — - 102 — Loans to depository institutions 1,520 + 205 + 1,151 1,163 Includes: seasonal borrowing of 173 - 14 + 45 175 extended credit of 457 + 12 + 393 455 Float 1,243 - 384 - 1,102 2,033 Other F.R. assets 8,629 +_ 154 - 1,419 8,812 Total Reserve Bank credit 164,238 - 34 + 10,469 166,137 Gold stock 11,130 - 1 - 19 11,128 Special Drawing Rights certificate account 4,618 — + 600 4,618 Treasury currency outstanding 13,786 — — 13,786 Total Factors 193,772 - 35 +~~ 11,050 195,669 Currency in circulation* 161,294 + 1,075 + 12,736 161,662 Treasury cash holdings* 515 - 1 + 99 515 Treasury deposits with F.R. Banks 3,812 - 212 - 138 2,804 Foreign deposits with F.R. Banks 228 - 64 - 15 282 Other deposits with F.R. Banks 504 - 100 - 252 500 Service-related balances and adjustments3 1,166 + 182 + 935 836 Other F.R. liabilities and capital 5,116 - 42 - 151 5,036 172,636 + 839 ~ 13,216 171,635 Reserve balances with F.R. Banks* 21,136 _ 873 _ 2,166 24,034 Total vault cash 20,804 + 166 + 632 20,804 (a) Vault cash at institutions with required reserve balances 13,834 - 153 + 462 13,834 (b) Vault cash equal to required reserves at other institutions 3,215 + 174 + 401 3,215 (c) Surplus vault cash at other institutions 5 3,755 + 145 - 231 3,755 Reserve balances + total vault cash* 41,940 - 707 - 1,534 44,838 Reserve balances + total vault cash used to satisfy reserve requirements^ 38,185 - 852 - 1,303 41,083 Required reserves 37,695 - 753 - 1,467 37,695 Excess reserve balances at F.R. Banks7 490 ! - 99 + 164 3,388 On August 10, 1983, marketable U.S. government securities held In custody by the Federal Reserve Banks for foreign official and international accounts were $110,746 million, a decrease of $1,237 million for the week. 1 Net of $ 1.957 million, dally average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,957 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. govern ment securities. 2 Net of $ 1,374million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,374 million was with foreign official and international accounts. Includes $ 136 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 836 million and adjustments of $ 330 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. 7 Reserve balances ^vith 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 ** WWeeddnneessddaayy Wednesday Wednesday August 10, 1983 August 3, 1983 August 11, 1982 ASSETS Gold certificate account 11,128 - 3 20 Special Drawing Rights certificate account 4,618 -- + 600 Coin 417 + 4 7 Loans 1,163 - 1,315 + 747 Acceptances— -- -- _-. Held under repurchase agreements Federal agency obligations- Bought outright 8,880 -- 75 Held under repurchase agreements'! -- -- ... U.S. government securities: Bought outright—Bills 61,976 + 927 + 9,630 Notes 63,958 ... + 1,940 Bonds 1199,,331155 .. + 1,051 Total bought outright^ 114455,,224499 + 927 +12,621 Held under repurchase agreements'! — — — Total U.S. government securities 145,249 + 927 +12,621 Total loans and securities 155,292 - 388 +13,293 Cash items in process of collection (2,129) 8,441 - 1,437 + 384 Bank premises 553 -- + 22 Other assets 3 8,259 + 164 - 1,398 TOTAL ASSETS ((22,,112299)) 188,708 Z. 1,660 +12,874 LIABILITIES Federal Reserve notes 148,808 + 879 +12,496 Deposits: Depository institutions 24,389 - 199 - 416 U.S. Treasury—general account 2,804 - 782 + 45 Foreign—officiai accounts 282 + 68 + 78 Other (1) 481 - 11 212 Total deposits (1) 28,456 - 924 - 505 Deferred availability cash items (2,128) 6,408 - 1,664 + 852 Other liabilities and accrued dividends4 1,894 . 65 - 135 TOTAL LIABILITIES (2,129) 185,566 - 1,774 +12,708 CAPITAL ACCOUNTS Capital paid in 1,429 + 1 + 93 Surplus 1,359 — + 81 Other capital accounts 354 + 113 8 Figures in parentheses are the eliminations made in the consolidating process. Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign officiai and international accounts of which $ 797 million was outstanding at the end of the latest statement week. Net of $ 1,374 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 135 million securities loaned—fully secured by U.S. government securities. Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 15 million In Treasury bills maturing within 90 days. Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, August 10, 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 1,033 — 11,174 + 856 223 + 223 16 days to 90 days 130 -- 30,229 + 1,367 689 - 223 91 days to 1 year "" -- 42,449 - 1,296 1,898 - 1 Over 1 year to 5 years -- -- 32,332 -- 4,418 - 1 Over 5 years to 10 years -- -„ 11,874 -. 1,134 + 2 Over 10 years 12 — 17^191 « 518 -- Total 1,163 145,249 927 8,880 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 August 10, 1983 Millions of dollars Kansas f San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City j Dailas Francisco ASSETS Gold certificate account \ 11,128 927 3,065 541 659 913 371 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 Coin 417 14 28 16 38 54 53 17 21 19 47 32 78 Loans 1,163 122 16 12 4 74 53 58 45 72 123 550 34 Acceptances held under repurchase agreements -0- — — — — — -- — — — — — -rederal agency obligations: Bought outright 8,880 417 2,908 2% 526 737 215 1,224 252 109 456 614 1,126 Held under repurchase agreements 1 -0- — — — — — — — — — — -- -- U.S. government securities: Bought outright—Bills 61,976 2,907 20,292 2,068 3,572 5,146 1,503 8,540 1,756 759 3,185 4,289 7,859 Notes 63,958 3,000 20,940 2,134 3,789 5,311 1,551 8,814 1,813 783 3,288 4,425 8,110 Bonds 19,315 906 6,324 644 1,144 1,604 468 2,662 548 236 993 1,337 2,449 Total bought outright 2 145,249 6,813 47,556 4,846 8,605 12,061 3,522 20,016 4,117 1,778 7,466 10,051 18,418 Held under repurchase agreements 1 -0- -- -- — -- -- -- -- -- -- -- -- — Total U.S. government securities 145,249 6,813 47,556 4,846 8,605 12,061 3,522 20,016 4,117 1.778 7,466 10,051 18,418 Total loans and securities 155,292 7,352 50,480 5,154 9,135 12,872 3,790 21,298 4,414 1,959 8,045 11,215 19,578 Cash items in process of collection 10,570 1 244 826 260 295 2,063 1,791 1,010 548 372 1,262 558 1,341 Bank premises 553 1 97 25 50 27 110 34 19 15 27 24 18 107 Other assets 3 j 8,259 I 282 2,478 312 525 529 483 1,107 230 201 394 567 1,151 Interdistrict settlement account -0- + 137 + 3,539 5 - 432 128 302 - 230 + 81 - 180 - 530 - 1,053 - 897 TOTAL ASSETS 190,837 97294~ 61,776 6,553 10,549 16,821 6,381 25,371 5,947 2,602 10,088 12,397 22,058 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions tc foreign official and international accounts, of which $ 797 million was outstanding at the end of the latest statement week. 2 Net of $ 1,374 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 135 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 $ 15 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 August 10, 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 148,808 7,950 47,353 5,510 8,973 13,228 2,987 21,810 4,757 1,670 7,640 9,583 17,347 Deposits: Depository institutions 24,889 887 9,004 621 1,007 1,237 1,991 2,338 573 447 989 1,917 3,878 U.S. Treasury—general account 2,804 — 2,804 — — — — — — — — — Foreign—official accounts 282 4 169 7 11 8 12 20 4 5 7 10 25 Other 482 — 420 — 1 26 1 26 — — 2 3 3 Total deposits 28,457 891 12,397 628 1,019 1,271 2,004 2,384 577 452 998 1,930 3,906 Deferred availability cash items 8,536 276 624 205 220 1,996 1,099 496 471 352 1,205 524 1,068 Other liabil ties and accrued dividends1 1,894 88 606 65 117 156 54 259 54 25 98 130 242 TOTAL LIABILITIES 187,695 9,205 60,980 6,408 10,329 16,651 6,144 24,949 5,859 2,499 9,941 12,167 22,563 CAPITAL ACCOUNTS Capital paid in 1,4-29 38 350 68 101 73 115 191 39 50 66 105 233 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 354 16 114 _17 20 25 13 46 11 4 19 31 38 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 190,837 9,294 61,776 6,553 10,549 16,821 6,381 25,371 5,947 2,602 10,088 12,397 23,058 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 170,444 9,233 50,513 7,947 9,698 14,735 5,461 23,943 5,528 2,253 9,386 11,351 20,396 Less-Held by F.R. Banks 21,636 1,283 3,160 2,437 725 1,507 2,474 2,133 771 583 1,746 1,768 3,049 F.R. notes, net 148,808 7,950 47,353 5,510 8,973 13,228 2,987 21,810 4,757 1,670 7,640 9,583 17,347 Collateral held against F.R. notes: Gold certificate account 11,128 927 3,065 541 659 913 371 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 - i — — — — — — — — — — — U.S. govt, and agency securities 133,062 6,782 42,953 4,744 8>012 11,907 2,455 19,660 4,119 1,466 6,794 8,523 15,647 Total collateral 148,808 i 7,950 47,353 5,510 8,973 13,228 2,987 21,810 4,757 1,670 7,640 9,583 17,347 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