H.4.1 Factors Affecting Reserve Balances of Depository Institutions

• & $ & & *• 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 November 10, 1983 P A v e r a g es of daily figures (millions of dollars) Reserves of depository institutions, WWeeeekk eennddeedd Change from week ended !! WWeeddnneessddaayy Reserve Bank credit and related items NNoovveemmbbeerr 99,, NNoovveemmbbeerr 22,, November 10, ii NNoovveemmbbeerr 99,, 1983 11998833 1982 1983 Reserve Bank credit: pi 2 U.S. government securities- Bought outright—system account 144,797 - 1,800 +12,582 140,932 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 8,731 — - 212 8,731 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 1,043 + 598 + 321 4,361 Includes: seasonal borrowing of 123 5 + 73 123 extended credit of 3 2 187 3 Float 2,022 + 788 647 2,961 Other F.R. assets 9,111 58 - 813 9,120 Total Reserve Bank credit 165,704 471 +11,231 166,105 Gold stock 11,123 3 25 11,123 Special Drawing Rights certificate account 4,618 — + 314 4,618 Treasury currency outstanding 1133,,778866 — — 13,786 Total Factors 119955,,223311 474 +11,520 195,632 Currency in circulation* 164,141 + 1,438 +13,510 165,246 Treasury cash holdings* 479 + 2 + 30 484 Treasury deposits with F.R. Banks 2,907 - 1,016 - 349 4,004 Foreign deposits with F.R. Banks 216 19 40 239 Other deposits with F.R. Banks 615 18 + 152 580 Service-related balances and adjustments3 1,180 203 + 798 973 Other F.R. liabilities and capital 55,,665566 ++ 1188 ++ 883388 5,888 117755,,119944 ++ 220022 ++1144,,994400 177,414 Reserve balances with F.R. Banks* 20,037 675 - 3,420 18,218 Total vault cash 20,821 77 + 646 20,821 (a) Vault cash at institutions with required reserve balances 14,105 | 107 + 201 14,105 (b) Vault cash equal to required reserves at other institutions 3,243 j 8 + 295 3,243 (c) Surplus vault cash at other institutions5 3,473 | + 38 + 150 3,473 Reserve balances + total vault cash4 40,858 j 752 - 2,774 39,039 Reserve balances + total vault cash used to satisfy reserve requirements© 37,385 790 - 2,924 35,566 Required reserves j 36,850 948 j - 3,117 | 36,850 Excess reserve balances at F.R. Banks? 1 535 + 158 | + 193 - 1,284 On November 9, 1983 . marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 112,984 million, an increase of $ 852 million for the week. 1 Net of $ 4,808 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,161 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. govern ment securities. 2 Net of $ 8,797 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,26rynillion was with foreign official and international accounts. Includes $ 307 million securities loaned—fully secured by U.S. government securities. Consists of required clearing balances of $ 973 million and adjustments of $ 207 million to compensate for float. Excludes required clearing balances and adjustments to compensate for float. Total vault cash at institutions without required reserve balances less vault cash equal to their required reserves. 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. 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 Wednesday Wednesday Wednesday November 9, 1983 November 2, 1983 November 10, 1982 ASSETS Gold certificate account 11 ,123 25 Special Drawing Rights certificate account 4 ,618 + 200 Coin 455 + 2 Loans 4 ,361 + 3,627 + 1,153 Acceptances- Held under repurchase agreements Federal agency obligations- 8,731 212 Bought outright Held under repurchase agreements'* U.S. government securities: 57,659 - 6,113 + 4,884 Bought outright—Bills 63,044 -- + 1,026 Notes 2200,,222299 -- + 1,965 Bonds 114400,,993322 - 6,113 + 7,875 Total bought outright2 Held under repurchase agreements1 140,932 - 6,113 + 7,875 Total U.S. government securities 154,024 - 2,486 + 8,816 Total loans and securities (2,220) 9,433 + 296 + 765 Cash items in process of collection 553 -- + 8 Bank premises 8,567 - 245 - 1,003 Other assets 3 (2,220) 188,773 ^_ 2,443 + 8,763 TOTAL ASSETS LIABILITIES Federal Reserve notes 152,399 + 1,850 +13,600 Deposits: Depository institutions 19,217 - 4,260 - 6,908 U.S. Treasury—general account 4,004 + 808 + 838 Foreign—official accounts 239 + 9 51 Other (55) 554 - 45 + 1 Total deposits (2,165) 24,014 - 3,488 - 6,120 Deferred availability cash items 6,472 - 1,332 + 19 Other liabilities and accrued dividends4 2,677 + 532 + 1,052 TOTAL LIABILITIES (2,220) 185,562 + 2,438 + 8,551 CAPITAL ACCOUNTS Capital paid in 1,452 + 98 Surplus 1,359 -- + 81 Other capital accounts 400 - 5 + 33 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 $ 8,797 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 307 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, November 9, 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 4,296 „- 4,652 - 2,365 36 16 days to 90 days 65 -- 26,207 - 4,778 733 + 95 91 days to 1 year -- -- 45,975 + 1,030 1,861 95 Over 1 year to 5 years -- -- 33,093 -- 4,353 -- Over 5 years to 10 years -- -- 13,416 -- 1,230 -_ Over 10 years -- 17^589 — 518 -- Total 4,361 140,932 6,113 8,731 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 9, 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 11,123 1 927 3,060 541 659 913 371 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 455 20 32 20 41 56 52 28 26 19 49 31 81 Loans 4,361 7 2,215 88 6 175 88 47 11 29 93 37 1,565 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 57,659 2,704 18,878 1,924 3,417 4,788 1,398 7,946 1,635 705 2,964 3,989 7,311 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 2 140,932 6,610 46,142 4,702 8,350 11,703 3,417 19,422 3,995 1,725 7,244 9,751 17,871 Held under repurchase agreements 1 -- -- -- -- -- -- -- -- -- -- -- — -- Total U.S. government securities 140,932 6,610 46,142 4,702 8,350 11,703 3,417 19,422 3,995 1,725 7,244 9,751 17,871 Total loans and securities 154,024 7,027 51,216 5>°9LL 8,873 12,603 3,717 20,672 4,253 1,861 7,786 10,392 20,543 Cash items in process of collection 11,653 283 2,142 X3831 313 2,033 1,198 1,064 533 395 1,125 963 1,221 Bank premises 1 553 96 26 5 b 27 109 34 20 15 27 25 18 106 Other assets 3 8,567 290 2,443 310 515 538 425 1,132 231 198 392 853 1,240 Interdistrict settlement account -0- 1 + 448 954 + 320 165 + 269 + 53 + 736 + 246 + 415 789 - 398 181 TOTAL ASSETS 190,993 9,332 59,300 6,930 10,565 16,929 6,011 25,802 5,942 3,119 9,434 12,919 24,710 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 $ 8,797 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 307 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 NOVEMBEF. 9, 1983 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n i xo LIABILITIES Federal Reserve notes 152,399 8,078 48.883 5,603 9,180 13,592 2,890 21,541 4,804 2,207 7,405 9,833 18,383 Deposits: Depository institutions 19,217 752 3,668 767 747 1,012 1,748 2,471 522 385 725 2,103 4,317 U.S. Treasury—general account 4,004 4,004 Foreign-official accounts 239 4 125 7 11 8 12 21 4 5 7 10 25 Other 609 489 2 17 1 41 2 1 56 Total deposits 24,069 756 8,286 774 760 1,037 1,761 2,533 526 390 734 2,114 4,398 Deferred availability cash items 8,637 308 610 328 275 1,954 1,063 535 462 387 1,036 549 1,130 Other liabi ities and accrued dividends 1 2,677 100 697 74 130 174 62 770 60 31 110 186 283 TOTAL LIABILITIES 187,782 9,242 58,476 6,779 10,345 16,757 5,776 25.379 5,852 3,015 9,285 12,682 24,194 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 400 16 135 20 20 26 12 47 12 5 20 35 52 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 190,993 9,332 59,300 6,930 10,565 16,929 6,011 25,802 5,942 3,119 9,434 12,919 24,710 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 176,743 999,,,444888888 555222,,,444666000 8,129 9,998 15,428 5,722 24,060 5,822 2,748 9,745 11,929 21,214 Less-Held by F.R. Banks 24,344 111,,,444111000 333,,,555777777 2,526 818 1,836 2,832 2,519 1,018 541 2,340 2,096 2,831 F.R. notes, net 152,399 888,,,000777888 ~~~ 444888,,,888888333 55,,660033 99,,118800 1133,,559922 22,,889900 2211,,554411 44,,660044 22,,220077 77,,440055 99,,883333 18,383 - Collateral held against F.R. notes: 2 Gold certificate account 11,123 Special Drawing Rights certif. acct. 4,618 Other eligible assets -0- U.S. govt, and agency securities 136,658 Total collateral 152,399 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