H.4.1 Factors Affecting Reserve Balances of Depository Institutions

;o*co^ FEDERAL RESERVE '••?f^s^y- 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 18, 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 November 16. November 9, November 17, November 16, 1983 1983 1982 1983 Reserve Bank credit: U.S. government securities- Bought outright—system account 147,910 + 3,113 +13,284 147,158 Held under repurchase agreements - 253 Federal agency obligations- Bought outright 8,729 - 214 8,730 Held under repurchase agreements 58 Acceptances- Bought outright Held under repurchase agreements 74 Loans to depository institutions 1,024 - 19 282 1,534 includes: seasonal borrowing of 112 ! 11 64 115 extended credit of 4 + 1 184 4 Float 2,019 „ 69 688 2,434 Other F.R. assets 8,551 - 560 810 7,842 Total Reserve Bank credit 168,232 + 2 ,462 +11,468 167,698 Gold stock 11,123 — 25 11,123 Special Drawing Rights certificate account 4,618 — + 200 4,618 Treasury currency outstanding 13,786 — 13,786 Total Factors 197,759 + 2 ,462 4T17643" 197,225 Currency in circulation* 165,634 + 1 ,493 +14,099 165,665 Treasury cash holdings* 484 + 5 + 32 483 Treasury deposits with F.R. Banks 3,207 + 300 + 99 3,315 Foreign deposits with F.R. Banks 235 + 19 24 269 Other deposits with F.R. Banks 592 - 23 4 572 Service-related balances and adjustments3 1,351 + 171 + 957 984 Other F.R. liabilities and capital 5,550 - 106 + 764 5,420 177,053 + 1 ,859 +15,924 176,708 Reserve balances with F.R. Banks4 20,706 + 603 4,281 20,517 Total vault cash 20,938 ' + 117 1,033 20,938 (a) Vault cash at institutions with required reserve balances 14,017 - 88 355 14,017 (b) Vault cash equal to required reserves at other institutions 3,305 + 62 421 3,305 (c) Surplus vault cash at other institutions5 3,616 + 143 257 3,616 Reserve balances + total vault cash4 41,644 + 720 3,248 41,455 Reserve balances + total vault cash used to satisfy reserve requirements6 38,028 + 577 3,505 37,839 Required reserves 37,397 j + 547 3,738 37,397 Excess reserve balances at F.R. Banks7 631 + 30 233 442 On November 16, I983,marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ m,il7 million, a decrease of $1,867 million for the week. 1 Net of $2,073 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,073 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. govern ment securities. 2 Net of $2,887 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,887 million was with foreign official and international accounts. Includes $566 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 984 million and adjustments of $ 367 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 16, 1983 November 9, 1983 November 17, 1982 ASSETS Gold certificate account 11,123 -- 25 Special Drawing Rights certificate account 4,618 -- + 200 Coin 455 __ + 8 Loans 1,534 - 2,827 + 1,109 Acceptances- __ __ __ Held under repurchase agreements Federal agency obligations- Bought outright 8,730 1 213 Held under repurchase agreements1 -- -_ _- U.S. government securities: Bought outright—Bills 63,885 + 6,226 +10,306 Notes 62,610 - 434 ' + 752 Bonds 20,663 + 434 + 2,239 Total bought outright2 147,158 + -57m +13,297 Held under repurchase agreements1 — -- — Total U.S. government securities 147,158 + 6,226 +13,297 Total loans and securities 157,422 + 3,398 +14,193 Cash items in process of collection (3,105) 11,122 + 1,689 + 150 Bank premises 553 __ + 7 Other assets 3 7,289 . 1,278 769 TOTAL ASSETS ((33,,110055)) 192,582 +_3 ,809 +13,764 LIABILITIES Federal Reserve notes 152,817 + 418 +13,999 Deposits: Depository institutions 21,524 + 2,307 - 1,603 U.S. Treasury—general account 3,315 - 689 - 521 Foreign—official accounts 269 + 30 + 55 Other (1) 549 - 5 + 3 Total deposits (1) 25,657 + 1,643 - 2,066 Deferred availability cash items (3,104] 8,688 + 2,216 + 1,040 Other liabilities and accrued dividends4 2,214 - 463 + 582 TOTAL LIABILITIES 189,376 + 3,814 +13,555 CAPITAL ACCOUNTS Capital paid in 1,456 + 4 + 102 Surplus 1,359 -. + 81 Other capital accounts 391 - 9 + 26 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 $ 797 million was outstanding at the end of the latest statement week. Net of $ 2,887 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $566 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 16, 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 1,421 7,028 + 2,376 202 + 166 16 days to 90 days 113 __ 27,883 + 1,676 648 85 91 days to 1 year _. -- 48,231 + 2,256 1,834 27 Over 1 year to 5 years — -- 33,017 76 4,298 55 Over 5 years to 10 years — -- 13,136 - 280 1,230 — Over 10 years -- 1177,,886633 ++ 227744 551188 -- Total 1,534 -- 114477,,115588 ++ 66,,222266 88,,773300 1 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 16, 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 11,123 927 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 21 40 55 50 29 33 19 49 30 77 Loans 1,534 13 488 88 5 112 18 205 20 57 189 264 75 Acceptances held under repurchase agreements -- -- -- -- -- -- -- — — -- -- ~ -- Federal agency ob igations: Bought outright 8,730 410 2,858 291 517 725 212 1,203 247 107 449 604 1,107 Held under repurchase agreements 1 -- -- -- ~ — -- -- -- -- — -- — -- U.S. government securities: Bought outright—Bills 63,885 2,996 20,917 2,131 3,785 5,305 1,549 8,804 1,810 782 3,284 4,420 8,102 Notes 62,610 2,937 20,499 2,089 3,710 5,199 1,518 8,628 1,775 766 3,218 4,332 7,939 Bonds 20,663 969 6,765 689 1,224 1,716 501 2,848 586 253 1,062 1,430 2,620 Total bought outright 2 147,158 6,902 48,181 4,909 8,719 12,220 3,568 20,280 4,171 1,801 7,564 10,182 18,661 Held under repurchase agreements 1 -- -- -- -- -- -- -- -~ -- -- -- -- -- Total U.S. government securities 147,158 6,902 48,181 4,909 8,719 12,220 3,568 20,280 4,171 1,801 7,564 10,182 18,661 Total loans and securities 157,422 7,325 51,527 5,288 9,241 13,057 3,798 21,688 4,438 1,965 8,202 11,050 19,843 Cash items in process of collection 14,227 463 1,437 373 691 2,735 1,694 1,434 731 558 1,533 1,023 1,555 Bank premises 553 96 26 50 27 109 34 20 15 27 25 18 106 Other assets 3 7,289 271 1,793 307 413 408 389 962 187 175 317 1,111 956 Interdistrict settlement account -0- + 95 + 1,459 + 81 + 115 + 130 58 - 1,231 4- 100 + 347 - 1,000 - 1,237 + 1,199 TOTAL ASSETS 195,687 9,438 60,669 6,886 11,488 17,815 6,439 25,052 6,142 3,295 9,972 13,055 25,436 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 $ 797 million was outstanding at the end of the latest statement week. 2 Net of $ 2,887 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 566 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 November 16, 1983 Millions of dollars 1 r Kansas San Total Boston New York Philadelphia Cleveland Richmond ) i Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 152,817 8,261 49,001 5,577 9,200 13,626 2,764 21,726 4,816 2,192 7,372 9,826 18,456 Deposits: Depository institutions 21,524 618 5,255 726 1,422 1,160 1,950 1,873 521 451 906 1,936 4,706 U.S. Treasury—general account 3,315 1 — 3,315 — — — — Foreign—official accounts 269 4 155 7 11 8 12 21 4 5 7 10 25 Other 550 — 475 — 3 16 4 44 1 — 2 2 3 Total deposits 25,658 622 9,200 733 1,436 1,184 1,966 1,938 526 456 9l5 1,948 4,734 Deferred availability cash items 11,792 364 972 350 434 2,658 1,409 670 648 514 1,427 899 1,447 Other liabilities and accrued dividends 1 2,214 100 687 75 198 176 60 295 58 29 109 146 281 . TOTAL LIABILITIES 192,481 9,347 59,860 6,735 11,268 17,644 6,199 24,629 6,048 3,191 9,823 12,819 24,918 CAPITAL ACCOUNTS Capital paid in 1,456 39 357 71 101 74 119 191 40 50 67 107 240 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 391 17 120 20 20 25 12 47 16 5_ 20 35 54_ TOTAL LIABILITIES AND CAPI'I AL ACCOUNTS 195,687 9,438 60,669 6,886 11,488 17,815 6,439 25,052 6,142 3,295 9,972 13,055 25,436 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 177,831 9,648 52,915 8,108 9,993 15,539 5,708 24,212 5,843 2,778 9,767 11,925 21,395 Less-Held by F.R. Banks 25,014 1,387 3,914 2,531 793 1,913 2,944 2,486 1,027 586 2,395 2,099 2,939 F.R. notes, net 22 152,817 8,261 49,001 5,577 9,200 13,626 2,764 21,726 4,816 2,192 7,372 9,826 18,456 Collateral held against F.R. notes: Gold certificate account 11,123 Special Drawing Rights certif. acct. 4,618 Other eligible assets - 0 - U.S. govt, and agency securiti eess 137,076 Total collateral 152,817 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