H.4.1 Factors Affecting Reserve Balances of Depository Institutions

likmi*. FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and f^LRt^V-' Condition Statement of F.R. Banks H.4.1. For release at 4:15 p.m. Eastern time August 26, 1983 1 Averages of daily figures (millions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, WWWeeeeeekkk eeennndddeeeddd | Change from week ended [ Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss AAAuuuggguuusssttt 222444,,, 17, |Au gguusstt 2255,, August 24, lll<<<MMMnnn TTQQffnn L_i §§ffii22 TQfn Reserve Bank credit: _ \2 U.S. government securities- Bought outright—system account 145,584 + 128 + 12,302 144,696 Held under repurchase agreements 1 — — — — Federal agency obligations- Bought outright 8,880 — - 75 8,880 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 1,580 + 102 + 971 1,612 Includes: seasonal borrowing of 207 + 13 + 113 206 extended credit of 524 + 22 + 406 522 Float 1,393 + 282 - 465 872 Other F.R. assets 7,534 - 652 - 1,566 7,511 Total Reserve Bank credit 164,971 - 139 + 11,167 163,571 Gold stock 11,128 — - 20 11,128 Special Drawing Rights certificate account 4,618 „- + 600 4,618 Treasury currency outstanding 13,786 — — 13,786 Total Factors 194,503 - 139 + 11,74 7 193,103 Currency in circulation* 160,893 _ 550 + 12,795 160,647 Treasury cash holdings* 494 - 21 + 78 490 Treasury deposits with F.R. Banks 3,559 + 249 + 687 3,025 Foreign deposits with F.R. Banks 204 - 29 - 91 208 Other deposits with F.R. Banks 449 + 3 _. 127 540 Service-related balances and adjustments3 979 - 88 + 743 845 Other F.R. liabilities and capital 5,299 - 33 + 89 5,144 171,876 - 470 + 14,172 170,899 Reserve balances with F.R. Banks4 22,627 + 331 - 2,425 22,204 Total vault cash 19,409 865 + 575 ! 19,409 (a) Vault cash at institutions with required reserve balances 13,595 + 135 + 773 1 13,595 (b) Vault cash equal to required reserves at other institutions 2,550 - 528 + 121 2,550 (c) Surplus vault cash at other institutions^ 3,264 - 472 - 319 3,264 Reserve balances + total vault cash4 42,036 - 534 - 1,850 41,613 Reserve balances + total vault cash used to satisfy reserve requirements^ 38,772 - 62 - 1,531 38,349 Required reserves 38,341 - 17 ! - 1,702 38,341 Excess reserve balances at F.R. Banks7 431 - 45 : + 171 1 8 O August 24, 1983 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and n t international accounts were $ 108,983 million, a decrease of $1,137 million for the week. 1 Net of $ 1,858 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,858 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. govern ment securities. 2 Net of $2,753 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,753million was with foreign official and international accounts. Includes $ 52 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 845 million and adjustments of $ 134 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 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 o* dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday August 24, 1983 Augvi st 17, 1983 August 25. 1982 ASSETS Gold certificate account 11,128 _- 20 Special Drawing Rights certificate account 4,618 -_ + 600 Coin 424 - 1 2 Loans 1,612 - 110 25 Acceptances- Held under repurchase agreements .. •«. _. Federal agency obligations- Bought outright 8,880 — 75 Held under repurchase agreements1 -- .. .. U.S. government securities: Bought outright—Bills 61,423 - 276 + 6,967 Notes 63,044 -- + 1,026 Bonds 2200,,222299 — + 1,965 Total bought outright2 114444,,669966 - 276 + 9,958 Held under repurchase agreements 1 -- — .. Total U.S. government securities 144,696 - 276 + 9,958 Total loans and securities 155,188 - 386 + 9,858 Cash items in process of collection (2,264) 7,608 - 2,126 - 438 Bank premises 553 - 1 + 19 Other assets 3 6^958 - 101 - 1,711 TOTAL ASSETS ((22,,226644)) 186,477 - 2,615 + 8,306 LIABILITIES Federal Reserve notes 147,775 - 686 +12,587 Deposits: Depository institutions 23,060 + 570 - 4,534 U.S. Treasury—general account 3,025 - 966 - 516 Foreign—official accounts 208 - 15 - Ill Other (2) 529 + 88 68 Total deposits (2) 26,822 - 323 - 5,229 Deferred availability cash items (2,262) 6,736 - 1,577 + 846 Other liabilities and accrued dividends4 1,990 «. 38 75 TOTAL LIABILITIES (2,264) 183,323 ~ 2,624 + 8,129 CAPITAL ACCOUNTS Capital paid in 1,430 + 1 + 93 Surplus 1,359 -- + 81 Other capital accounts 365 + 8 + 3 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 official and international accounts of which $ -0- million was outstanding at the end of the latest statement week. Net of $ 2,753 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 52 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 $30 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 24, 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 1,569 7,871 + 1,545 289 16 days to 90 days 43 29,351 - 2,131 659 91 days to 1 year 43,369 + 310 1,862 Over 1 year to 5 years 32,826 4,429 Over 5 years to 10 years 13,690 T,123 Over 10 years 17,589 518 Total 1,612 144,696 276 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 24, 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 11,128 927 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 424 14 29 15 37 55 47 20 25 19 48 33 82 Loans 1,612 21 40 116 152 163 63 115 77 87 123 612 43 Acceptances held under repurchase agreements -0- — -- -- -- — .- — -- — -- -- -- Federal 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 * -0- -- — — — -- — -- — -- -- ... -- U.S. government securities: Bought outright-Bills 61,423 2,881 20,111 2,049 3,640 5,101 1,489 8,465 1,741 751 3,157 4,250 7,788 Notes 63,044 2,957 20,641 2,103 3,735 5,235 1,529 8,688 1,787 772 3,240 4,362 7,995 Bonds 20,229 949 6,623 675 1,198 1,680 490 2.788 573 248 1,040 1,400 2,565 Total bought outright 2 144,696 6,787 47,375 4,827 8,573 12,016 3,508 19,941 4,101 1,771 7,437 10,012 18,348 Held under repurchase agreements 1 -0- -- -- -- -- -- -- -- -- -- -- -- -- Total U.S. government securities 144,696 6,787 47,375 4.827 8,573 12,016 3,508 19.941 4,101 1,771 7,437 10,012 18,348 Total loans and securities 155,188 7,225 50,323 5,239 9,251 12,916 3,786 21,280 4,430 1,967 8,016 11,238 19,517 Cash items in process of collection 9,872 261 640 270 265 2,071 1,148 1,163 555 317 1,238 661 1,283 Bank premises 553 97 25 50 27 109 34 19 15 27 25 18 107 Other assets 3 6,958 229 2,096 260 457 432 408 940 193 179 328 459 977 Interdistrict settlement account -0- 38 + 849 + 365 - 418 -0- + 242 75 + 76 40 208 - 464 289 TOTAL ASSETS 188,741 8,956 58,362 6,965 10,580 16,904 6,197 25,497 5,932 2,673 10,293 13,005 23,377 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 $ 2,753 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 52 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. 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 24, 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 147,775 7,710 47,477 5,647 8,816 13,164 2,877 21,500 4,633 1,599 7,657 9,511 17,184 Deposits: Depository institutions 23,060 795 5,216 844 1,161 1,373 1,986 2,732 636 514 1,104 2,433 4,266 U.S. Treasury-general account 3,025 3,025 Foreign-official accounts 208 ! 4 95 7 11 8 12 20 , A 5 7 10 25 Other 531 I 1 463 1 14 1 41 1 2 2 5 Total deposits 26,824 800 8,799 851 1,173 1,395 1,999 2,793 641 519 1,113 2,445 4.296 Deferred availability cash items 8,998 264 645 254 251 2,013 1,029 508 514 425 1,275 682 1,138 Other liabilities and accrued dividends1 1,990 92 644 68 120 161 55 274 56 27 102 136 255 TOTAL LIABILITIES 185,587 8,866 57,565 6,820 10,360 16,733 5,960 25,075 5,844 2,570 10,147 12,774 22,873 CAPITAL ACCOUNTS Capital paid in 1,430 38 350 68 101 73 115 190 39 50 66 105 235 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 365 17 115 17 20 26 13 47 11 4 18 32 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 188,741 8,956 58,362 6.965 10,580 16,904 6,197 25,497 5,932 2,673 10,293 13,005 23,377 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 171,546 9,266 50,744 8,240 9,716 14,932 5,699 23,857 5,665 2,238 9,451 11,302 20,436 Less-Held by F.R. Banks 23,771 1,556 3,267 2,593 900 1.768 2,822 2,357 1,032 639 1,794 1,791 3,252 F.R. notes, net 147,775 7,710 47,477 5,647 8,816 13,164 2,877 21,500 4,633 1,599 7,657 9.511 17.184 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 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 132,029 6,542 43,077 4,881 7,855 11,843 2,345 19,350 3,995 1,395 6,811 8,451 15,484 Total collateral 147,775 7,710 47,477 5.647 8,816 13,164 2,877 21,500 4,633 1,599 7,657 9,511 17.184 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