H.4.1 Factors Affecting Reserve Balances of Depository Institutions

oOV^OVi FEDERAL RESERVE 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 September 16, 1983 Averages of daily figures (millions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, WWeeeekk eennddeedd Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss SSeepptteemmbbeerr 1144,, Sep^ W 7- Sep^mjjer 15, September 14, 11 QQfftt?? 1983 Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 144,732 - 19 + 13,712 144,791 Held under repurchase agreements — - 628 253 — Federal agency obligations- Bought outright 8,740 - 2 210 8,737 Held under repurchase agreements — - 14 23 — Acceptances- Bought outright — — — — Held under repurchase agreements — - 41 94 — Loans to depository institutions 1,148 - 99 182 2,410 Includes: seasonal borrowing of 185 - 7 + 96 185 extended credit of 501 + 12 + 385 496 Float 1,572 + 602 720 1,574 Other F.R. assets 7,745 + 279 1,339 8,307 Total Reserve Bank credit 163,937 + 79 + 10,893 165,819 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 193,469 _ 79 + 11,473 195,351 Currency in circulation* 162,678 + 654 + 13,207 162,285 Treasury cash holdings* 474 + 5 + 61 474 Treasury deposits with F.R. Banks 3,438 + 24 30 3,273 Foreign deposits with F.R. Banks 200 - 24 42 243 Other deposits with F.R. Banks 461 - 37 121 443 Service-related balances and adjustments3 1,077 - 16 + 802 885 Other F.R. liabilities and capital 5,649 + 458 + 697 5,273 173,976 + 1,063 + 14,572 172,876 Reserve balances with F.R. Banks4 19,493 _ 984 3,099 22,475 Total vault cash 21,356 + 652 + 815 21,356 (a) Vault cash at institutions with required reserve balances 13,954 + 112 + 220 13,954 (b) Vault cash equal to required reserves at other institutions 3,618 + 250 + 389 3,618 (c) Surplus vault cash at other institutions^ 3,784 + 290 + 206 3,784 Reserve balances + total vault cash4 40,849 - 332 2,284 43,831 Reserve balances + total vault cash used to satisfy reserve requirements^ 37,065 - 622 2,490 40,047 Required reserves 36,711 - 178 2,524 36,711 Excess reserve balances at F.R. Banks7 354 - 444 + 34 3,336 On September 14, 1983,marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 111 ,055 million, an increase of $2,007 million for the week. 1 Net of $1,723 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,723 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. govern ment securities. 2 Net of $1,706 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,706 million was with foreign official and international accounts. Includes $ 27 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 885 million and adjustments of $ 192 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 of dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday September 14, 1983 September 7, 1983 September 15. 1982 ASSETS Gold certificate account 11,128 -- 20 Special Drawing Rights certificate account 4,618 -- + 600 Coin 416 + 7 4 Loans 2,410 + 875 - 1,388 Acceptances- Held under repurchase agreements -- - 288 -- Federal agency obligations- Bought outright 8,737 - 5 212 Held under repurchase agreements 1 -- - 98 -- U.S. government securities: Bought outright—Bills 61,518 + 514 +12,155 Notes 63,044 -- + 1,026 Bonds 2200,,222299 -- + 1,965 Total bought outright2 114444,,779911 + 514 +15,146 Held under repurchase agreements'! -- 44,,339911 -rr Total U.S. government securities 144,791 33,,887777 +15*146 Total loans and securities 155,938 - 3,393 +13,546 Cash items in process of collection (2,955) 9,181 - 1,927 - 1,490 Bank premises 553 — + 17 Other assets 3 7,754 + 495 868 TOTAL ASSETS ((22,,995555 ) 189,588 JL 4,818 +11,781 LIABILITIES Federal Reserve notes 149,389 - 506 +12,999 Deposits: Depository institutions 23,378 - 2,506 - 1,524 U.S. Treasury—general account 3,273 - 82 292 Foreign—official accounts 243 - 16 62 Other (18) 425 - 12 148 Total deposits (18) 27,319 - 2,616 - 2,026 Deferred availability cash items (2,937) 7,607 - 1,719 + 251 Other liabilities and accrued dividends* 2,109 + 14 + 360 TOTAL LIABILITIES 186,424 - 4,827 +11,584 CAPITAL ACCOUNTS Capital paid in 1,437 + 1 + 97 Surplus 1,359 _- + 81 Other capital accounts 368 + 8 + 19 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 $ 7°4 million was outstanding at the end of the latest statement week. Net of $ 1,706 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 27 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 $. 31 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, September 14, 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 2,309 -. 6,211 - 5,972 70 _ 108 16 days to 90 days 101 -- 31,099 + 570 762 - 20 91 days to 1 year -- -- 43,339 + 1,525 1,933 + 90 Over 1 year to 5 years -- -- 32,863 .- 4,311 - 45 Over 5 years to 10 years -- — 13,690 -. 1,143 - 20 Over 10 years — -- 1177,,558899 — 551188 — Total 2,410 _- 114444,,779911 - 3,877 88,,773377 - 103 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 September 14, 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 416 15 27 16 36 53 50 20 23 19 48 32 77 Loans 2,410 6 1,207 27 9 32 60 68 38 57 92 624 190 Acceptances held under repurchase agreements -- -- -- -- -- — -- -- _- -- -- -- -- Federal agency obligations: Bought outright 8,737 410 2,861 291 518 726 212 1,204 247 107 449 604 1,108 Held under repurchase agreements 1 -- -- -- -- __ -- -- -- -- -- -- -- -- U.S. government securities: Bought outright-Bills 61,518 2,885 20,142 2,052 3,645 5,109 1,492 8,478 1 ,744 752 3,162 4,257 7,800 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 2 144,791 6,791 47,406 4,830 8,578 12,024 3,511 19,954 4 ,104 1,772 7,442 10,019 18,360 Held under repurchase agreements 1 -- -- -- -- -- -- -- -- -- -- -- -- -- Total U.S. government securities 144,791 6,791 47,406 4,830 8,578 12,024 3,511 19,954 4 ,104 1,772 7,442 10,019 " 18,360 Total loans and securities 155,938 7,207 51,474 5,148 9,105 12,782 3,783 21,226 4 ,389 1,936 7,983 11,247 19,658 Cash items in process of collection 12,136 317 1,041 414 222 2,472 1,588 1,072 674 445 1,358 637 1,896 Bank premises 553 96 25 50 27 109 34 20 15 27 25 18 107 Other assets 3 7,754 243 2,184 270 449 453 416 979 202 181 345 475 1,557 Interdistrict settlement account -0- + 142 + 372 + 94 - 237 102 - 603 - 536 - 149 139 389 - 1,277 + 2,824 TOTAL ASSETS 192,543 9,188 59,523 6,758 10,563 17,088 5,800 24,931 _,_7 92 2,673 10,216 12,192 27,819 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 $ 704 million was outstanding at the end of the latest statement week. 2 Net of $ 1,706 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 27 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 $ 31 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 September 14, 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 149,389 8,056 47,998 5,573 8,901 13,397 2,532 21,947 4,592 1,615 7,781 9,497 17,500 Deposits: Depository institutions 23,378 609 5,545 644 1,045 901 1,623 1,668 429 430 830 1,660 7,994 U.S. Treasury—general account 3,273 — 3,273 — — — — — — Foreign—official accounts 243 4 130 7 11 8 12 20 4 5 7 10 25 Other 443 1 341 — 1 36 1 57 1 — 2 1 2 Total deposits 27,337 614 9,289 651 1,057 945 1,636 1,745 434 435 839 1,671 8,021 Deferred availability cash items 10,544 332 761 317 256 2,403 1,334 528 619 489 1,340 649 1,516 Other liabilities and accrued dividends 1 2,109 98 678 71 130 171 61 290 59 31 108 143 269 TOTAL LIABILITIES 189,379 9,100 58,726 6,612 10,344 16,916 5,563 24,510 5,704 2,570 10,068 11,960 27,306 CAPITAL ACCOUNTS Capital paid in 1,437 38 350 69 101 73 115 190 39 50 67 106 239 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 368 15_ 115 17 19 27 13 46 11 4 19 32 50^ TOTAL LIABILITIES AND CAPITAL ACCOUNTS 192,543 9,188 59,523 6,758 10,563 17,088 5,800 24,931 5,792 2,673 10,216 12,192 27,819 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 172,212 9,447 51,035 8,247 9,703 15,151 5,368 24,167 5,597 2,206 9,490 11,263 20,538 Less-Held by F.R. Banks 22,823 1,391 3,037 2,674 802 1,754 2,836 2,220 1,005 591 1,709 1,766 3,038 F.R. notes, net 149,389 8,056 47,998 5,573 8,901 13,397 2,532 21,947 4,592 1,615 7,781 9,497 17,500 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 — — — — — — — — — — — — — U.S. govt, and agency securities 133,643 6,888 43,598 4,807 7,940 12,076 2,000 19,797 3,954 1,411 6,935 8,437 15,800 Total collateral 149,389 8,056 47,998 5,573 8,901 13,397 2,532 21,947 4,592 1,615 7,781 9,497 17,500 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