H.4.1 Factors Affecting Reserve Balances of Depository Institutions

lo^cov^ FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and •.$4LRES? Condition Statement of F.R. Banks H.4.1. For release at 4:15 p.m. Eastern time September 30, 1983 | Averages of dally figures (millions of dollars) "~~ Reserves of depository institutions, WWeeeekk eennddeedd Change from week ended Wednesday DllwpcOpCrIwfva UR/Galnllrk\ Vrr^plwHUiltl , ual nl\Jd IrwplGlalltwpVri l liltwfiBmII<O ; ((SSeepptteemmbbeerr 2288,, September 21, Sep tember 29, September 28, 11998833 1983 2fi2 1983 Reserve Bank credit: [1 2 U.S. government securities- Bought outright—system account | 146,463 + 658 + 15,237 145,194 Held under repurchase agreements 1 6,871 ! + 3,581 + 6,361 4,176 Federal agency obligations- Bought outright 8,737 — - 212 8,737 Held under repurchase agreements 677 + 429 + 612 334 Acceptances- Bought outright — — — Held under repurchase agreements 289 + 228 + 147 89 Loans to depository institutions 1,281 - 828 + 528 2,359 Includes: seasonal borrowing of 204 + 18 + 92 194 extended credit of 542 + 22 + 418 554 Float 1,112 + 163 - 642 1,737 Other F.R. assets 8,181 + 280 - 1,169 8,257 Total Reserve Bank credit 173,611 + 4,511 + 20,862 170,883 Gold stock 11,128 — - 20 11,128 Special Drawing Rights certificate account 4,618 — + 400 4,618 Treasury currency outstanding 13,786 — _- 13,786 Total Factors 203,143 + 4,511 +~" 21,242 200,415 Currency In circulation* 160,656 _ 886 + 13,014 160,787 Treasury cash holdings* 471 ~ 3 + 52 468 Treasury deposits with F.R. Banks 14,157 + 6,982 + 9,668 14,253 Foreign deposits with F.R. Banks 200 _ 7 _ 87 205 Other deposits with F.R. Banks 417 _ 188 + 25 416 Service-related balances and adjustments^ 1,048 _ 65 + 743 908 Other F.R. liabilities and capital 5,770 + 153 + 888 5,535 182,717 + 5,985 + 24,302 182,572 Reserve balances with F.R. Banks* 20,426 1,475 3,060 17,843 Total vault cash 21,424 + 1,776 + 1,002 21,424 (a) Vault cash at institutions with required reserve balances 14,578 + 990 + 447 14,578 (b) Vault cash equal to required reserves at other institutions 3,326 + 402 + 392 3,326 (c) Surplus vault cash at other institutions^ 3,520 + 384 + 163 3,520 Reserve balances + total vault cash4 41,850 + 301 2,058 39,267 Reserve balances-!-total vault cash used to satisfy reserve requirements6 38,330 - 83 - 2,221 35,747 Required reserves 37,908 _ 188 _ 2,358 1 37,908 Excess reserve balances at F.R. Banks7 422 + 105 + 137 i — 2.161 OnSeptember 28, 1983 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $110,279 million, an increase of $ 670 million for the week. 1 Net of $ 2,706 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,537mi!llon was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. govern ment securities. 2 Net of $4,092 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,904 million was with foreign official and international accounts. Includes $ 73 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 908 million and adjustments of $ 140 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 Miliions of dollars Change since Wednesday Wednesday Wednesday September 28, 1983| September 21, 1983 September 29, 1982 ASSETS Gold certificate account 11,128 20 Special Drawing Rights certificate account 4,618 + 400 Coin 444 + 11 2 Loans 2,359 - 4,458 + 1,205 Acceptances- 89 80 89 Held under repurchase agreements Federal agency obligations- 8,737 -- 212 Bought outright 334 + 73 + 334 Held under repurchase agreements1 U.S. government securities: 61,921 . 3,730 +11,898 Bought outright—Bills 63,044 _- + 1,026 Notes 2200,,222299 -- + 1,965 Bonds 114455,,119944 - 3,730 +14,889 Total bought outright^ 4,176 + 3,598 + 4,176 Held under repurchase agreements 1 149,370 - 132 +19,065 Total U.S. government securities 160,889 - 4,437 +20,481 Total loans and securities (2,591) 8,298 - 350 + 313 Cash items in process of collection 553 -- + 14 Bank premises 7,704 + 253 - 1,262 Other assets 3 (2,591) 193,634 ^_4 ,523 +19,924 TOTAL ASSETS LIABILITIES Federal Reserve notes 147,913 - 341 +12,654 Deposits: Depository institutions 18,767 - 5,009 + 33 U.S. Treasury—general account 14,253 + 1,447 + 5,933 Foreign—official accounts 205 + 19 90 Other (3) 400 - 45 + 15 Total deposits (2,591) 33,625 - 3,588 + 5,891 Deferred availability cash items (2,588) 6,561 - 667 + 513 Other liabilities and accrued dividends* 2,346 + 56 + 650 TOTAL LIABILITIES (2,591) 190,445 - 4,540 +19,708 CAPITAL ACCOUNTS Capital paid in 1,447 + 8 + 107 Surplus 1,359 -- + 81 Other capital accounts 383 + 9 + 28 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 $ 4,092 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $73 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 $ 36 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 28, 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 jWeekly changes Within 15 days 2,321 89 10,341 47 508 + 41 16 days to 90 days 38 -- 29,913 85 648 + 22 91 days to 1 year -- -- 44,974 -- 1,897 - 36 Over 1 year to 5 years -- -- 32,863 -- 4,331 + 20 Over 5 years to 10 years -- -- 13,690 -- i ,169 + 26 Over 10 years -- 1177,,bboo99 -- 551133 -- Total 2,359 89 114499,,337700 132 ""99,,007711 + 73 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 28, 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 j 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 444 19 29 19 37 54 53 24 24 19 49 31 86 Loans 2,359 16 11 10 4 126 44 368 82 115 263 614 706 Acceptances held under repurchase agreements 89 89 -- -- -- -- -- -- -- -- — -- 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 1 334 -- 334 -- — -- -- -- -- — -- -- -- U.S. government securities: Bought outright—Bills 61,921 2,904 20,274 2,066 3,669 5,142 1,502 8,533 1,755 757 3,183 4,284 7,852 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 2 145,194 ! 6,810 47,538 4,844 8,602 12,057 3,521 20,009 4,115 1,777 7,463 10,046 18,412 Held under repurchase agreements 1 I 4,176 — 4,176 — — — «.- -_ -- — -- -- „. Total U.S. government securities 149,370 6,810" 51,714 4,844 8,602 12,057 3,521 20,009 4,U5 1,777 7,463 1100,,004466 18,412 Total loans and securities I 160,889 7,236 55,009 5,145 9,124 12,909 3,777 21,581 4,444 1,999 8,175 1111,,226644 20,226 Cash items in process of collection 10,889 410 738 297 351 2,243 1,228 1,242 608 425 1,256 770 1,321 Bank premises 553 96 25 50 27 109 34 20 15 27 25 18 107 Other assets 3 7,704 259 2,452 278 478 477 433 1,029 211 185 356 501 1,045 Interdistrict settlement account -0- + 21 + 5,343 + 147 845 62 298 - 1,334 304 - 248 803 - 1,524 93 TOTAL ASSETS r~l96,225 1 9,209 67,996 6,702 10,133 17,051 5,759 24,712 5,636 2,611 9,904 12,120 24,392 1 Does not include U.S. government and federal agency securities resold unde 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 $ 4,092 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 73 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 $ 36 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 28, 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 147,913 7,953 47,708 5,470 8,734 13,566 2,570 21,552 4,427 1,603 7,712 9,429 17,189 Deposits: Depository institutions 18,767 747 3,333 742 764 932 1,842 1,806 538 429 783 1,600 5,251 U.S. Treasury—general account 14,253 14,253 Foreign—official accounts 205 4 92 7 11 8 12 20 4 5 7 10 25 Other 403 321 1 27 2 46 2 2 2 Total deposits 1 33,628 1 751 17,999 749 776 967 1,856 1,872 542 434 792 1,612 5,278 Deferred availability cash items 9,149 266 643 264 274 2,173 1,032 567 518 439 1,143 699 1,131 Other liabilities and accrued dividends1 | _ 2,346 150 827 73 130 174 63 301 60 31 109 147 281 TOTAL LIABILITIES 1 193,036 9,120 67,177 6,556 9,914 16,880 5,521 24,292 5,547 2,507 9,756 11,887 23,879 CAPITAL ACCOUNTS Capital paid in 1,447 39 357 69 101 73 116 191 39 50 67 106 239 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 383 15 130 17 19 26 13 44 12 5 19 33 50 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 196,225 9,209 67,996 6,702 10,133 17,051 5,759 24,712 5,636 2,611 9,904 12,120 24,392 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 173,014 9,427 50,826 8,250 9,612 15,537 5,545 24,252 5,592 2,205 9,728 11,454 20,586 Less-Held by F.R. Banks 25,101 1 1,474 3,118 2,780 878 1,971 2,975 2,700 1,165 602 2,016 2,025 3,397 F.R. notes, net 147,913 j 7,953 47,708 5,470 8,734 13,566 2,570 21,552 4,427 1,603 7,712 9,429 17,189 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 132,167 6,785 43,308 4,704 7,773 12,245 2,038 19,402 3,789 1,399 6,866 8,369 15,489 Total collateral 147,913 7,953 47,708 5,470 8,734 13,566 2,570 21,552 4,427 1,603 7,712 9,429 17,189 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