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FEDERAL RESERVE
, r
^ ^
y
Factors Affecting Bank Reserves and
Condition Statement of F.R. Banks
H.4.1
For immediate release
January 10, 1980
Member bank reserves,
Reserve Bank credit,
and related items
Reserve Bank credit:
U.S. Government securitiesBought outright—System account
Held under repurchase agreements
Federal Agency obligationsBought outright
Held under repurchase agreements
Acceptances—
Bought outright
Held under repurchase agreements
LoansTotal member bank borrowing
Includes seasonal borrowing of:
Other borrowing
Float
Other F.R. assets
Total Reserve Bank credit
Gold Stock
Special Drawing Rights certif. acct.
Treasury currency outstanding
Currency in circulation
*
Treasury cash holdings
*
Treasury deposits with F.R. Banks
Foreign deposits with F.R. Banks
Other deposits with F.R. Banks
Other F.R. liabilities and capital
Reserves:
With Federal Reserve Banks
Currency and coin
Total reserves held
Required reserves
Excess reserves
3/
4/
4/
Averages of dally figures
Week ended Change from week ended Wednesday
January 9,
January 2, I January 10, January 9,
1980
1980 I
1979
1980
(In millions of dollars)
2/
U
118,789
+1,293
+14,052
117,639
-1,539
8,216
324
8,216
46
32
1,250
81
- 3,477
+ 1,116
+12,062
- 539
+
500
+ 1,106
+13,128
7,577
5,305
139,987
11,172
1,800
12,970
165,929
619
9
795
+ 21
- 388
- 661
-2 ,451
+11,083
+
184
304
+
31
278
+
324
+11,040
124,290
430
3,472
299
324
4,907
133,722
+
+ 2,089
+
909
+ 3,043
+ 2,724
+
319
32,207
11,359
43,750
44,568
818
589
- 826
732
61
7,611
5,628
140,976
11,121
1,800
12,956
166,852
124,844
430
2,812
372
432
4,741
133,631
33,222
11,359
44,765
44,568
197
-
699
3
71
6
-2 ,424
+
9
+
—
9
-2,407
+
-
+
-
45
70
2
351
353
+
NOTE:
A net of $210 million of surplus reserves were eligible to be carried
forward from the week ended January 2, into the week ending
January 9.
On January 9, 1980, marketable U.S. Government securities held in
custody by the Federal Reserve Banks for foreign official and international
accounts were $80,715 million, a decrease of $248 million for the week.
1/
Net of $2,247 million, daily average, matched sale-purchase transactions
outstanding during the latest statement week, of which $2,247 million
was with foreign official and international accounts. Includes securities
loaned—fully secured by U.S. Government securities.
2/
Net of $3,254 million matched sale-purchase transactions outstanding at the
end of the latest statement week, of which $3,254 million was with foreign
official and international accounts. Includes $167 million securities
loaned—fully secured by U.S. Government securities.
3/
Includes reserves of Member Banks, Edge Act Corporations and U.S.
Agencies and Branches of Foreign Banks.
4/
Adjusted to include $184 million waivers of penalities for reserve
deficiencies in accordance with Board policy effective
November 19, 1975.
Estimated (Treasury's Figures).
CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE AMKS
(In millions of dollars')
Change since
Wednesday
Jan. 2,
Jan. 10,
Jan. 9,
1980
1979
1980
A S S E T S
1,172
+ 60
- 452
Gold certificate account
1,800
+ 500
...
Special Drawing Rights certif. acct.
*
+
140
405
3
Coin
1,250
+ 491
- 810
Loans
Acceptances-- Bought outright
-1,078
Held under repurchase agreements
8,216
324
Federal Agency obligations--Bought outright
-1,122
Held under repurchase agreements
1/
U.S. Government securities:
46,592
+1,233
+11,079
-. Bought outright--Bills
56,494
+ 1,639
Notes
14,553
+ 2,0r§8.
Bonds
H.4.1(a>
Total bought outright
2/
Held under repurchase agreements
Total U.S. Government securities
Total loans and securities
Cash items in process of collection
Bank premises
Other assets 3/
TOTAL ASSETS
117,639
+14,806
(2,003)
117,639
127,105
14,748
(2,003)
4,897
160,535
+1,233
-2,664
-1,431
-4,441
-1,209
+
1
- 433
-6,025
112,155
-1,322
+10,018
31,876
-2,649
+
12
+ 2,276
+
99
+
15
+ 2,390
+ 1,186
+
65
112
+ 3,529
+
379
+
389
+14,315
1/
408
L I A B I L I T I E S
Federal Reserve notes
Deposits:
Reserve accounts:
Member Banks
Edge Act Corporations
U.S. Agencies & Branches of Foreign Banks
Total
U.S. Treasury--general account
Foreign
Other
Total deposits
(2,003)
Deferred availability cash items
Other liabilities and accrued dividends 4/
(2,003)
TOTAL LIABILITIES
C A P I T A L
A C C O U N T S
Capital paid in
Surplus
Other capital accounts
316
15
32,107
3,472
299
324
36,302
7,171
2,345
157,973
+
9
- 219
-6,246
„
1,146
1,145
271
7
-2,630
- 489
80
-1,497
-4,696
—
+
221
+14,806
+15,621
- 2,362
+
12
+ 1,029
+14,488
+
+
+
67
67
39
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.
2/ Net of $3,254 million matched sale-purchase transactions outstanding at the
end of the latest statement week. Includes $167 million securities loaned—
fully secured by U.S. Government securities.
II Includes assets denominated in foreign currencies. Beginning December 29, 1978,
such assets are revalued monthly at market exchange rates.
4/ Includes exchange-translation accounts reflecting, beginning December 29, 1978,
the monthly revaluation at market exchange rates of foreign exchange commitments.
*
1/
MATURITY DISTRIBUTION OF LOANS AND SECURITIES. JANUARY 9, 1980
(Acceptances and securities held under repurchase agreements are classified as
maturing within 15 days in accordance with maximum maturity of the agreements.)
Loans
Within 15 days
16 days to 90 days
91 days to 1 year
Over 1 year to 5 years
Over 5 years to 10 years
Over 10 years
Total
1,219
31
1,250
Acceptances
U.S. Government
securities
Holdings
Weekly
changes
2,412
-3,573
25,750
+1,413
36,091
+ 729
27,864
—
12,774
—
12,748
--1,431
117,639
Federal Agency
obligations
Holdings
Weekly
changes
42
-1,081
516
42
1,355
+
17
4,236
16
1,325
—
I
742
--
8,216
-1,122
STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON
H.4.1(b)
Total
Boston
New
York
Fhiladelnhla
CleveRichland
Atlanta
mond
(In millions of dollars)
JANUARY 9, 1980
Chicaab
St.
Louis
Minneaoolis
Kansas
Citv
1 San
Dallas |Franclsco.
AS S E JS
Gold certificate account
Special Drawing Rights certif. acct.
Coin
Loans
Acceptances:
Bought outright
Held under repurchase agreements
Federal Agency obligations—
Bought outright
Held under repurchase agreements ±J
U.S. Government securities:
Bought outright—
Bills
Certificates
Notes
Bonds
Total bought outright
2/
Held under repurchase agreements 1/
Total U.S. Government securities
Total loans and securities
Cash items in process of collection
Bank premises
Other assets 3/
lnterdi8trict settlement account
TOTAL
1/
2/
3/
11,172
1,800
992
93
2,902
459
924
91
646
149
1,293
161
525
64
1,591
300
474
79
231
32
473
75
451
86
670
211
405
26
20
21
42
44
38
32
32
16
48
27
59
213
79
66
52
127
87
1,250
209
255
22
6
74
60
8,216
397
2,025
393
660
673
340
1,304
349
183
363
448
1,081
46,592
2,254
11,484
2,228
3,743
3,816
1,930
7,394
1,983
1,035
2,057
2,539
6,129
56,494
14.553
2,732
704
13,925
3.587
2,701
696
4,539
1.169
4,627
1.192
2,341
603
8,965
2,309
2,404
619
1,256
324
2,494
642
3,078
793
7,432
1,915
117,639
5,690
28,996
5,625
9,451
9,635
4,874
18,668
5,006
2,615
5,193
6,410
15,476
117,639
127,105
5.690
6,296
28,996
31,276
5,625
6,040
9.451
10,117
9.635
10,382
4.874
5,274
18,668
20,185
5,006
5,434
2.615
2,864
5,193
5,608
6,410
6,985
15.476
16,644
16,751
408
4,897
-0-
463
103
177
- 755
2,492
14
1,223
+2,787
515
54
281
- 801
1,048
23
365
+
53
2,265
83
348
- 294
2,409
31
306
-1.388
1,908
16
666
- 432
829
13
166
- 505
1,051
28
126
- 602
1,374
1,207
20
12
220
270
+ 156 + 233
1,190
11
749
+1,548
162,538
7,395
41,173
7,125
12,443
14,282
7,259
24,266
6,522
3,746
7,974
9,271
21,082
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 $3,254 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $167 million securities loaned—fully
secured by U.S. Government securities.
Includes assets denominated in. foreign currencies, revalued monthly at market exchange rates.
STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON January 9, 1980
H.4.1(c)
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St.
Louis
Minneapolis
Kansas
City
Dallas
San
{Francisco
(In millions of dollars)
Federal Reserve notes
Deposits:
Reserve Accounts
1/
U.S. Treasury—general account
Foreign
Other
Total deposits
Deferred availability cash items
Other liabilities and accrued
dividends
TOTAL LIABILITIES
2/
CAPITAL ACCOUNTS
Capital paid in
Surplus
Other capital accounts
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS
112,155
5,692
29,890
5,399
8,991
10,197
3,242
18,406
4,721
1,900
4,950
5,828
12,939
32,207
3,472
299
324
36,302
9,174
1,010
224
9
1
1,244
285
7,968
678
78
298
9,022
921
1,028
229
12
2,296
253
25
1
2,575
486
1,585
228
16
8
1,837
1,938
1,983
303
23
4,011
376
45
2
4,434
721
838
227
9
1
1,075
559
962
179
10
2
1,153
569
1,477
232
13
2
1,724
1,095
2,309
203
17
6
2,535
648
6,740
340
42
3
7,125
296
2,345
159,976
96
697
96
178
170
124
326
86
46
95
111
320
7,317
40,530
7,021
12,230
14,142
7,074
23,887
6,441
3,668
7,864
9,122
20,680
1,146
1,145
271
33
33
12
290
290
63
45
45
14
95
95
23
59
58
23
87
87
11
168
168
43
35
35
11
36
36
6
49
49
12
67
67
15
182
182
38
162,538
7,395
41,173
7,125
12,443
14,282
7,259
24,266
6,522
3,746
7,974
9,271
21,082
1,269
257
*
2,309
1,399
FEDERAL RESERVE AGENTS' ACCOUNTS
F.R. notes outstanding
Collateral for F.R. notes:
Gold certificate account
Special Drawing Rights certif. acct.
Eligible paper
U.S. Gov't, and Agency Securities
Total collateral
1/
2/
*
125,131
6,375
32,621
6,132
9,599
11,032
5,157
19,508
5,265
2,526
5,810
6,624
14,482
11,172
1,800
2,902
646
149
6
300
100
474
79
58
231
32
28
473
75
27
451-
161
26
525
64
23
1,591
459
246
924
91
22
1,293
673
992
93
14
86
116
670
211
7
111,486
125,131
5,276
6,375
29,014
32,621
5,095
6,132
8,798
9,599
9,552
11,032
4,545
5,157
17,517
19,508
4,654
5,265
2,235
2,526
5,235
5,810
5^971
6,624
13,594
14,482
Includes reserves of Member Banks, Edge Act Corporations and U.S. Agencies and Branches of Foreign Banks.
Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.
Less than $500,000.
@FedFRASER