H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE •V<ALV&t.' 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 November 4, 1983 | Averages of daily figures (millions of dollars) Reserves of depository institutions, WWeeeekk eennddeedd 1 Change from week ended Wednesday 1 R i e v s y e vl r f v w e lM B # a «9 n lllf k \ V c /l r v e U d U i f t M a * » n V< d I 1 r e W l l a Q t lw e V d I l i l t w e l m lIQ s NNoovveemmbbeerr 22,, Oct. ober 26, j November 3, November 2, mn 198-3 IQft? i iQ?n Reserve Bank credit: M 2 U.S. government securities- Bought outright—system account 146,597 - 882 + 14,317 147,045 Held under repurchase agreements — ~ 1,687 — — Federal agency obligations- Bought outright 8,731 — - 212 8,731 Held under repurchase agreements — - 161 _- — Acceptances- Bought outright — — — — Held under repurchase agreements — - 110 — — Loans to depository institutions \ 445 - 123 - 13 734 Includes: seasonal borrowing of 128 - 16 + 55 121 extended credit of 5 — ! - 191 2 Float 1,149 - 38 ~ 709 1,333 Other F.R. assets 9,169 + 60 - 922 9,365 Total Reserve Bank credit 166,090 - 2,943 + 12,460 167,208 Gold stock 11,126 - 1 _ 22 11,126 Special Drawing Rights certificate account 4,618 — + 400 4,618 Treasury currency outstanding 13,786 — — 13,786 Total Factors 195,620 - ~~2,944 __. 12,838 196,738 Currency in circulation* 162,703 + 176 + 13,366 163,401 Treasury cash holdings* 477 + 2 + 34 473 Treasury deposits with F.R. Banks 3,923 _ 1,906 + 1,269 3,196 Foreign deposits with F.R. Banks 235 + 27 ~ 78 230 Other deposits with F.R. Banks 633 - 14 + 131 626 Service-related balances and adjustments3 1,383 + 114 + 1,018 956 Other F.R. liabilities and capital 5,638 +_ 41 + 836 5,361 174,992 - 1,560 + 16,576 174,243 Reserve balances with F.R. Banks4 20,627 _ 1,384 _ 3,739 22,494 Total vault cash 20,898 + 1,206 + 732 20,898 (a) Vault cash at institutions with required reserve balances 14,212 + 443 + 142 | 14,212 (b) Vault cash equal to required reserves at other institutions 3,251 + 429 + 444 3,251 (c) Surplus vault cash at other institutions^ 3,435 + 334 + 146 3,435 Reserve balances + total vault cash4 41,525 - 178 - 3,007 43,392 Reserve balances + total vault cash used to satisfy reserve requirements 6 38,090 - 512 - 3,153 39,957 Required reserves 37,798 - 364 i - 2,903 37,798 Excess reserve balances at F.R. Banks7 | 292 1 z_ 148 j - 250 1 2.159 On November 2, 1983, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 112,132 million, an increase of $2,024million for the week. 1 Net of $3,343 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,343 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. govern ment securities. 2 Net of $2,895 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,895million was with foreign official and international accounts. Includes $ 193 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 956 million and adjustments of $ 427 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 November 2, 1983 Dxijohe r ?f> TQ?n Knvomhor T, 19ft? 3 ASSETS Gold certificate account 11,126 -- 22 Special Drawing Rights certificate account 4,618 -- + 400 Coin 460 - 5 + 2 Loans 734 - 771 24 Acceptances- Held under repurchase agreements -- -. .. Federal agency obligations- Bought outright 8,731 _- 212 Held under repurchase agreements1 -- — -- U.S. government securities: Bought outright—Bills 63,772 - 227 +11,949 Notes 63,044 — + 1,026 Bonds 2200,,222299 -. + 1,965 Total bought outright 2 114477,,004455 - 227 + 14,940 Held under repurchase agreements1 -- — — Total U.S. government securities 147,045 . 227 +14,940 Total loans and securities 156,510 „ 998 +14,704 Cash items In process of collection (2,283) 9,137 + 1,561 - 2,403 Bank premises 553 + 8 Other assets 3 8,812 + 109 979 TOTAL ASSETS ((22,,228833 ) 191,216 ±_ 667 +11,710 LIABILITIES Federal Reserve notes 150,549 + 912 + 13,268 Deposits: Depository institutions 23,477 + 210 - 2,608 U.S. Treasury—general account 3,196 - 1,428 + 42 Foreign—official accounts 230 - 16 70 Other (96) 599 - 44 + 135 Total deposits (96) 27,502 - 1,278 - 2,501 Deferred availability cash items (2,187) 7,804 + 1,044 + 200 Other liabilities and accrued dividends* 2,145 - 48 + 497 TOTAL LIABILITIES 188,000 + 630 +11,464 CAPITAL ACCOUNTS Capital paid in 1,452 + 2 + 101 Surplus 1,359 — + 81 Other capital accounts 405 + 35 + 64 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 $ 874 million was outstanding at the end of the latest statement week. Net of $ 2,895 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 193 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 $ 39 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, ber 2, 1983 Novem 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 621 -- 7,017 + 1,695 36 - 98 16 days to 90 days 108 -- 30,985 - 1,045 638 + 52 91 days to 1 year 5 -- 44,945 983 1,956 + 46 Over 1 year to 5 years -- -- 33,093 + 106 4,353 -- Over 5 years to 10 years -- -- 13,416 -- 1,230 -- Over 10 years -- -- 1177,,558899 -- 551188 -- Total 734 -- 114477,,004455 227 88,,773311 ... 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 November 2, 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 460 21 33 22 39 56 53 27 26 20 49 31 83 Loans 734 12 303 49 1 74 19 50 44 29 94 53 6 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 63,772 2,991 20,880 2,128 3,779 5,296 1,546 8,788 1,808 780 3,278 4,412 8,086 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 6 75 1,198 1,680 490 2,788 573 248 1,040 1,400 2,565 Total bought outright 2 147,045 6,897 48,144 4,906 8,712 12,211 3,565 20,264 4,168 1,800 7,558 10,174 18,646 Held under repurchase agreements 1 -- -- — -- -- -- -- — .. -- -- -- — Total U.S. government securities 147,045 6,897 48,144 *«906 8.712 12,211 3,565 20,264 4,168 1,800 7,558 10,174 18,646 Total loans and securities 156,510 7,319 51,306 5,246 9,230 13,010 3,796 21,517 4,459 1,936 8,101 10,831 19,759 Cash items in process of collection 11,420 279 811 399 335 2,206 1,321 1,329 699 594 1,412 685 1,350 Bank premises 553 96 26 50 27 109 34 20 15 27 25 18 106 Other assets 3 8,812 277 2,477 298 507 516 421 1,086 221 193 381 1,229 1,206 Interdistrict settlement account -0- 4- 64 + 1,487 - 256 - 542 185 303 • 1.159 71 + 219 923 - 1,162 4- 2,831 TOTAL ASSETS 193,499 9,224 60,538 6,525 10,557 17,033 5,854 24,970 5,987 3,193 9,891 12,692 27,035 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 $ 874 million was outstanding at the end of the latest statement week. 2 Net of $ 2,895 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 193 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 $ 39 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 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 150,549 7,965 48,324 5,428 9,084 13,411 2,821 21,213 4,735 2,178 7,395 9,750 18,245 Deposits: Depository institutions 23,477 771 6,164 540 817 1,079 1,530 2,329 491 368 898 1,878 6,612 U.S. Treasury—general account 3,196 3,196 Foreign—official accounts 230 4 117 7 11 8 12 20 4 5 7 10 25 Other 695 1 511 30 8 137 1 2 2 3 Total deposits 27,598 776 9,988 547 828 1,117 1,550 2,486 496 373 907 1,890 fN,640 Deferred availability cash items 9,991 j 293 710 327 296 2,158 1,185 554 606 508 1,330 670 1,354 Other liabilities and accrued dividends 1 2,145 99 700 73 129 173 60 292 59 29 110 144 2 77 TOTAL LIABILITIES 190,283 9,133 59,722 6,375 10,337 16,859 5,616 24,545 5,896 3,088 9,742 12,454 26,516 CAPITAL ACCOUNTS Capital paid in 1,452 39 357 71 101 74 114 191 40 50 67 108 240 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 405 17 127 19 20 28 15 49 13 6 20 36 55 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 193,499 9,224 60,538 6,525 10,557 17,033 5,854 24,970 5,987 3,193 9,891 12,692 27,035 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 176,176 9,460 52,191 8,109 10,008 15,301 5,840 23,949 5,855 2,735 9,713 11,888 21,-2? Less-Held by F.R. Banks 25,627 1,495 3,867 2,681 924 1,890 3,019 2,736 1,120 557 2,318 2,138 2,882 F.R. notes, net ~ 150,549 77,,996655 4488,,332244 55,,442288 99,,008844 1133,,441111 22,,882211 2211,,221133 44,,773355 22,,117788 77,,339955 99,,775500 18,245 Collateral held against F.R. notes: Gold certificate account 11,126 Special Drawing Rights certif. acct. ! 4,618 Other eligible assets ! - o - U.S. govt, and agency securities 134,805 Total collateral 150,549 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