H.4.1 Factors Affecting Reserve Balances of Depository Institutions

-Qfcow.; FEDERAL RESERVE '•?f^f^ Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. PorTelease at 4:15 p.m. Eastern time October 28, 1983 [ Averages of daily figures (millions of dollars) Reserves of depository institutions, Week ended Change from week ended 1 Wednesday Reserve* Bank credit and related HAITI*; 1 Ivwv! Vw S^GLIIrV wl vUll) Oil 1VI 1 UIQlvvJ llwlllw October 26, October 19. Octc) ber 27. OOccttoobbeerr 2266,, 1983* 1Q«3 1982 : II<<HHHH»» Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 147,479 + 1,067 ! + 14,727 147,272 Held under repurchase agreements 1 1,687 - 569 + 1,687 — Federal agency obligations- Bought outright 8,731 - 3 - 212 8,731 Held under repurchase agreements 161 - 13 + 161 — Acceptances- Bought outright — — — — Held under repurchase agreements 110 + 4 + 110 — Loans to depository institutions 568 - 9 + 116 1,505 Includes: seasonal borrowing of 144 + 6 + 54 145 extended credit of 5 - 91 - 174 6 Float 1,250 - 501 - 481 1,713 Other F.R. assets 9,115 + 264 - 785 9,283 Total Reserve Bank credit 169,101 + 240 + 15,324 168,504 Gold stock 11,127 - 1 - 21 11,126 Special Drawing Rights certificate account 4,618 — + 400 4,618 Treasury currency outstanding 13,786 — — 13,786 Total Factors 198,632 +~ 239 __ 15,703 198,034 Currency in circulation** 162,656 _ 604 + 13,849 163,379 Treasury cash holdings** 475 - 2 + 35 478 Treasury deposits with F.R. Banks 5,829 + 571 + 3,055 I 4,624 Foreign deposits with F.R. Banks 208 _ 8 - 45 246 Other deposits with F.R. Banks 647 + 19 + 97 671 Service-related balances and adjustments3 1,269 + 164 + 922 ! 960 Other F.R. liabilities and capital 5,600 - 45 + 770 5,396 176,684 + 96 + 18,684 175,754 Reserve balances with F.R. Banks* 21,947 . + 143 _ 2,982 22,279 Total vault cash 19,692 - 352 + 412 19,692 (a) Vault cash at institutions with required reserve balances 13,769 + 215 + 86 13,769 (b) Vault cash equal to required reserves at other institutions 2,822 - 260 + 346 2,822 (c) Surplus vault cash at other institutions^ 3,101 - 307 - 20 3,101 Reserve balances + total vault cash4 41,639 - 209 - 2,570 41,971 Reserve balances + total vault cash used to satisfy reserve requirements^ 38,538 + 98 - 2,550 38,870 Required reserves 38,162 + 68 | - 2,607 38,162 Excess reserve balances at F.R. Banks7 ; 376 1 •f 30 + 57 708 On October 26, 1983 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $110,108 million,a decrease of $2, 777 million for the week. 1 Net of $ 2,453 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,453million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. govern ment securities. 2 Net of $ 2,668million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $2,668 million was with foreign official and international accounts. Includes $ 64 milHon securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 960 million and adjustments of $ 309 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 (San Francisco District). ** 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 26, 1983 October 19, 1983 October 27, 1982 ASSETS Gold certificate account 11,126 - 1 22 Special Drawing Rights certificate account 4,618 -- 4- 400 Coin 465 + 7 + 3 Loans 1,505 + 119 + 683 Acceptances- Held under repurchase agreements — - 117 «... Federal agency obligations- Bought outright 8,731 - 3 - 212 Held under repurchase agreements 1 _- - 246 ... U.S. government securities: Bought outright—Bills 63,999 + 2,197 + 11,677 Notes 63,044 -- + 1,026 Bonds 2200,,222299 -_ +1,965 Total bought outright2 114477,,227722 + 2,197 +14,668 Held under repurchase agreements1 — -- 33,,338866 -.. Total U.S. government securities 147,272 11,,118899 +14,668 Total loans and securities 157,508 - 1,436 + 15,139 Cash items in process of collection (2,378) 7,874 - 1,180 - 635 Bank premises 553 -- + 10 Other assets 3 8,730 + 160 833 TOTAL ASSETS ((22,,337788 ) 190,874 j^ 2,450 +14,062! LIABILITIES Federal Reserve notes 150,537 + 307 +14,224 Deposits: Depository institutions 23,267 - 1,014 - 2,510 U.S. Treasury—general account 4,624 - 544 + 1,455 Foreign—official accounts 246 - 11 + 26 Other (2) 643 + 82 + 179 Total deposits (2) 28,780 - 1,487 850 Deferred availability cash items (2,376) 6,161 » 1,188 55 Other liabilities and accrued dividends4 2,193 - 138 + 522 TOTAL LIABILITIES , (2,378) 187,671 - 2,506 +13,841 CAPITAL ACCOUNTS Capital paid in 1,450 + 2 + 100 Surplus 1,359 -- + 81 Other capital accounts 394 + 54 + 40 * 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 $ 2,668 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 64 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. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. ** Estimated (San Francisco District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, October 26, 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 1,479 -- 5,322 - 900 134 - 409 16 days to 90 days 26 — 32,030 289 586 + 57 91 days to 1 year -- -- 45,928 -- 1,910 49 Over 1 year to 5 years -- -- 32,987 -- 4,353 + 91 Over 5 years to 10 years -- -- 13,416 -- 1,230 + 61 Over 10 years -- -- 1177,,558899 -- 551188 -- Total 1,505 -- 114477,,227722 - 1,189 88,,773311 249 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 26, 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 11,126 927 3,063 541 659 913 371 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 465 21 32 21 39 55 54 27 26 19 50 31 90 Loans 1,505 2 1,114 42 -- 40 12 65 28 45 91 45 21 Acceptances held under repurchase agreements • ~~ ~~ — ~~ ~" -" -- -- -• «... -- -- -- Federal agency obligations: Bought outright 8,731 410 2,859 291 517 725 212 1,203 247 107 449 604 1,107 Held under repurchase agreements 1 -- -- -- -- -- -- -- -- -- -- -- -- -- U.S. government securities: Bought outright—Bills 63,999 3,002 20,954 2,135 3,792 5,315 1,552 8,819 1,814 783 3,290 4,428 8,115 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 Bonos 20,229 949 6,623 675 1.198 1,680 490 2,788 573 248 1,040 1,400 2,565 Total bought outright 2 147,272 6,908 48,218 4,913 8,725 12,230 3,571 20,295 4,174 1,803 7,570 10,190 18,675 Held under repurchase agreements 1 ... -- — -- -- -- — -- -• -- -- -- — Total U.S. government securities 147,272 6,908 48,218 4,913 8,725 12,230 3,571 20,295 4,174 1,803 7,570 10,190 18,675 Total loans and securities 157,508 7,320 52,191 5,246 9,242 12,995 3,795 21,563 4,449 1,955 8,110 10,839 19,803 Cash items in process of collection 10,252 294 838 272 316 2,001 1,171 1,088 570 463 1,003 714 1,522 Bank premises 553 96 26 50 27 109 34 20 15 27 25 18 106 Other assets 3 8,730 276 2,387 299 494 513 423. 1,075 220 192 504 1,203 1,144 Interdistrict settlement account -0- + 31 + 628 83 378 192 + 299 936 + 37 + 252 750 - 1,219 + 2,311 TOTAL ASSETS ! 193,252 9,206 60,500 6,571 10,701 16,802 6,308 24,987 5,955 3,112 9,788 12,646 26,676 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 $ 2,668 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 2,453million 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. * Estimated ( Francisco District). San 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 26, 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 150,537 7,933 47,939 5,395 9,024 13,354 2,809 21,091 4,651 2,107 7,497 9,731 19,006 Deposits: Depository institutions 23,267 814 5,014 703 1,055 1,082 2,123 2,554 629 433 879 1,863 6,118 U.S. Treasury—general account 4,624 4,624 Foreign-official accounts 246 4 133 7 11 8 12 20 4 5 7 10 25 Other 645 570 1 1 18 1 46 1 2 2 3 Total deposits 28,782 818 10,341 711 1,067 1,108 2,136 2,620 633 439 888 11,,887755 6,146 Deferred availability cash items 8,537 263 701 244 259 2,001 1,061 553 521 431 1,146 665566 701 Other liabilities and accrued dividends 1 2,193 101 705 73 132 178 64 302 60 31 110 114499 288 TOTAL LIABILITIES 190,049 9,115 59,686 6,423 10,482 16,641 6,070 24,566 5,865 3,008 9,641 1122,,441111 26,141 CAPITAL ACCOUNTS Capital paid in 1,450 39 357 69 101 74 116 191 40 50 67 110077 239 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 9944 224 Other capital accounts 394 17 125 19 19 15 13 45 12 5 18 3344 72 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 193,252 9,206 60,500 6,571 10,701 16,802 6,308 24,987 5,955 3,112 9,788 12,646 26,676 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 175,863 9,461 51,700 8,145 10,004 15,333 5,944 23,933 5,810 2,678 9,740 11,926 21,189 Less-Held by F.R. Banks 25,326 1,528 3,761 2,750 980 1,979 3,135 2,842 1,159 571 2,243 2,195 2,183 F.R. notes, net 150,537 77,,993333 4477,,993399 55,,339955 99,,002244 1133,,335544 22,,880099 2211,,009911 44,,665511 22,,110077 77,,449977 99,,773311 19,006 Collateral held against F.R. notes: Gold certificate account 11,126 Special Drawing Rights certif. acct. 4,618 Other eligible assets - 0 - U.S. govt, and agency securities 134,793 Total collateral 150,537 Estimated (San Francisco District). 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of 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