H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•visys&i FEDERAL RESERVE -?WW@:'' 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 October 21, 1983 Averages of daily figures (millions of dollars) Reserves of depository institutions, Week ended Change from week ended Wednesday Reserve Bank credit, and related items October 19, October 12, ° C ^ 20, October 19, 1Q83 L2&3 Reserve Bank credit: U.S. government securities- Bought outright—system account 146,412 1,858 13,401 145,075 Held under repurchase agreements 2,256 + 167 1,674 3,386 Federal agency obligations- Bought outright 8,734 2 209 8,734 Heldunder repurchase agreements 174 106 69 246 Acceptances- Bought outright Held under repurchase agreements 106 95 34 117 Loans to depository institutions 577 697 61 1,386 Includes: seasonal borrowing of 138 1 53 148 extended credit of 96 549 14 2 Float 1,668 346 1,062 1,705 Other F.R. assets 8,851 703 859 9,123 Total Reserve Bank credit 168,778 1,352 + 13,041 169,772 Gold stock 11,128 20 11,127 Special Drawing Rights certificate account 4,618 + 400 4,618 Treasury currency outstanding 13,786 13,786 Total Factors 198,310 1,352 13,421 199,303 Currency in circulation* 163,260 407 + 13,585 163,080 Treasury cash holdings* 477 2 + 38 477 Treasury deposits with F.R. Banks 5,258 3,370 + 2,400 5,168 Foreign deposits with F.R. Banks 216 28 71 257 Other deposits with F.R. Banks 628 18 + 91 592 Service-related balances and adjustments3 1,105 8 + 774 958 Other F.R. liabilities and capital 5,645 152 + 737 5,478 176,588 3,111 17,553 176,010 Reserve balances with F.R. Banks4 21,721 .+ U757 4,133 23,292 Total vault cash 20,044 974 1,653 20,044 (a) Vault cash at institutions with required reserve balances 13,554 457 540 13,554 (b) Vault cash equal to required reserves at other institutions 3,082 264 712 3,082 (c) Surplus vault cash at other institutions5 3,408 253 401 3,408 Reserve balances + total vault cash4 41,765 + 783 2,480 43,336 Reserve balances + total vault cash used to satisfy reserve requirements6 38,357 + 1,036 881 39,928 Required reserves 38,094 + 1,525 883 38,094 Excess reserve balances at F.R. Banks7 263 489 2 1,834 On October 19, 1983 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $112,885 million, an increase of $3,259 million for the week. 1 Net of $ 3,405 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,405million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. govern ment securities. 2 Net of $4,810 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,810 million was with foreign official and international accounts. Includes $ 99 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 958 million and adjustments of $ 147 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 October 19, 1983 October 12, 1983 October 20, 19c!2 ASSETS Gold certificate account 11,127 1 21 Special Drawing Rights certificate account 4,618 + 400 Coin 458 + 5 +2 Loans 1,386 - 1,010 - 231 Acceptances— Held under repurchase agreements 117 117 864 Federal agency obligations- Bought outright 8,734 — - 209 Held under repurchase agreements'! 246 + 246 491 U.S. government securities: _ Bought outright—Bills 61,802 3,524 +10,235 Notes 63,044 __. + 1,026 Bonds 2200,,222299 — + 1,965 Total bought outright2 114455,,007755 - 3,524 +13,226 Held under repurchase agreements'! 3,386 + 3,386 - 691 Total U.S. government securities 148,461 - 138 +12,535 Total loans and securities 158,944 - 785 +10,740 Cash items in process of collection (2,641) 9,054 - 4,336 - 1,059 Bank premises 553 + 1 + 11 Other assets3 8,570 + 641 - 1,043 TOTAL ASSETS (2,641) 193,324 J2. 4,475 + 9,030 LIABILITIES Federal Reserve notes 150,230 - 520 +13,567 Deposits: Depository institutions 24,281 + 473 - 7,798 U.S. Treasury—general account 5,168 - 1,983 + 1,968 Foreign—official accounts 257 + 75 30 Other (1) 561 - 103 + 9 Total deposits (1) 30,267 - 1,538 - 5,851 Deferred availability cash items (2,640) 7,349 - 2,400 + 675 Other liabilities and accrued dividends* 2,331 + 66 + 467 TOTAL LIABILITIES (2,641) 190,177 - 4,392 + 8,858 CAPITAL ACCOUNTS Capital paid in 1,448 _ + 100 Surplus 1,359 — + 81 Other capital accounts 340 - 83 9 * 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 $ 4,810 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 99 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 accouit at Chicago of $ 35 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, OCTOBER 19, 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 1,359 117 6,222 +602 543 +343 16 days to 90 days 27 — 32,319 -940 529 - 97 91 days to 1 year __ — 45,928 +200 1,959 + 5 Over 1 year to 5 years — — 32,987 +274 4,262 - 5 Over 5 years to 10 years — — 13,416 -274 1,169 — Over 10 years — 1177,,558899 551188 -- Total 1,386 111177 114488,,446611 ^^113388 88,,998800 +246 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 OCTOBER 19, 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 11,127 927 3,064 541 659 913 371 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 458 20 30 21 39 55 54 25 23 20 50 31 90 Loans 1,386 21 885 54 -- 26 24 140 17 44 113 61 1 Acceptances held under repurchase agreements 117 -- 117 -- -- — — -- -- — -- -- -- Federal agency obligations: Bought outright 8,734 410 2,859 291 518 725 212 1,204 248 107 449 604 1,107 Held under repurchase agreements 1 246 -- 246 -- -- -- — — — — — — -- U.S. government securities: Bought outright—Bills 61,802 2,898 20,235 2,062 3,662 5,132 1,499 8,517 1,752 756 3,177 . 4,276 7,836 Certificates: Special Other 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 2 145,075 6,804 47,499 4,840 8,595 12,047 3,518 19,993 4,112 1,776 7,457 10,038 18,396 Held under repurchase agreements 1 3,386 -- 3,386 -- -- -- -- -- -- -- -- -- -- Total U.S. government securities 148,461 6,804 50,885 4,840 8,595 12,047 3,518 19,993 4,112 1,776 7,457 10,038 18,896 Total loans and securities 158,944 7,235 54,992 5,185 9,113 12,798 3,754 21,337 4,377 1,927 8,019 10,703 19,504 Cash items in process of collection 11,695 335 1,124 348 378 2,244 1,306 1,054 748 509 1,343 825 1,481 Bank premises 553 96 26 50 27 109 34 20 15 27 25 18 106 Other assets 3 8,570 268 2,477 286 491 497 419 1,063 215 189 366 1,193 1,106 Interdistrict settlement account -0- -1,395 + 570 - 46 + 51 + 300 - 147 - 612 - 83 + 29 - 566 - 776 + 685 TOTAL ASSETS 195,965 9,517 63,618 6,610 11,060 17,324 5,952 25,237 5,933 2,905 10,083 13,054 24,672 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 $ 4,810 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 99 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 $ 35 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 October 19, 1983 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES j Federal Reserve notes 150,230 8,062 48,330 5,365 9,129 13,498 2,586 21,482 4,592 1,905 7,597 9,751 17,933 Deposits: Depository institutions 24,281 943 7,069 702 1,275 1,214 1,921 2,376 534 401 990 2,241 4,615 U.S. Treasury—general account 5,168 — 5,168 — — — — — — — — — — Foreign—official accounts 257 4 144 7 11 8 12 20 4 5 7 10 25 Other | 562 j — 492 — 1 19 1 44 — — 2 1 2 Total deposits ! 30,268 947 12,873 709 1,287 1,241 1,934 2,440 538 406 999 2,252 4^42 Deferred availability cash items 9,989 315 793 314 292 2,263 1,131 588 653 459 1,225 663 1,293 Other liabilities and accrued dividends1 2,331 103 823 75 133 181 63 306 61 32 113 153 288 TOTAL LIABILITIES 192,818 9,427 62,819 6,463 10,841 17,183 5,714 24,816 5,844 2,802 9,934 12,819 24,156 CAPITAL ACCOUNTS Capital paid in 1,448 38 357 69 101 74 116 191 39 50 67 107 239 Surplus 1?359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 340 17 no 18 19 - 5 13 45 _ 12 4 20 34 53 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 195,965 9,517 63,618 6,610 11,060 17,324 5,952 25,237 5,933 2,905 10,083 13,054 24,672 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 175,407 9,514 51,785 8,125 10,008 15,392 5,621 24,178 5,715 2,453 9,800 11,767 21,049 Less-Held by F.R. Banks 25,177 1,452 3,455 2,760 879 1,894 3,035 2,696 1,123 548 2,203 2,016 3,116 F.R. notes, net 2 150,230 8,062 48,330 5,365 9,129 13,498 2,586 21,482 4,592 1,905 7,597 9,751 17,933 Collateral held against F.R. notes: Gold certificate account 11,128 Special Drawing Rights certif. acct. 4,618 Other eligible assets j - 0 - U.S. govt, and agency securities 134,484 Total collateral 150,230 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rate osf foreign exchange commitments. 2 Effective October 12, 1983 Federal Reserve notes are collateralized in the aggregate, rather than Bank by Bank. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis