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FEDERAL RESERVE
Factors Affecting Reserves of Depository Institutions and
Condition Statement of F.R. Banks
For immediate release
January 16, 1981
Reserves of depository institutions
Reserve Bank credit,
and related items
Reserve Bank credit:
U.S. Government securities-Bought outright--System account
Held under repurchase agreements
Federal Agency obligations—
Bought outright
Held under repurchase agreements
Acceptances-Bought outright
Held under repurchase agreements
Loans-To depository institutions
Includes seasonal borrowing of:
Averages of daily figures
Week ended Change from week ended Wednesday
January 14J January 7, January lb, {January 14,
1981*
1980
1981*
1981
(In millions of dollars)
1/ 120,543
•H.,404
*2,310
8,739
+ 215
105
7
Float
Other F.R. assets
Total Reserve Bank credit
Gold Stock
Special Drawing Rights certif. acct.
Treasury currency outstanding
4,368
8,587
143,570
11,161
2,518
13,431
170,680
-1,331
+ 89
-2,512
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
134,475
+
523
8,739
+
+
105
32
2,539
- 1,701
+ 3,263
+ 4,022
3,832
8,838
145,519
11,160
2,518
13,437
172,634
—
+
4
-2,508
11
+ 718
+ 458
+ 5,187
+11,107
+
3
- 196
+ 247
+
74
134,011
4,971
143,896
35
4,891
142,827
26,784
20,390
- 934
+2,549
- 6,013
N/A
29,807
20,390
14,268
+1,770
+ 1,522
14,268
700
--
N/A
700
5,422
47,287
+ 779
+1,606
N/A
N/A
5,422
50,310
41,865
41,240
+ 827
+ 866
- 39
- 4,549
- 4,791
+ 242
44,888
41,240
3,648
3,085
530
395
625
+11,200
1/
Net of $1,695 million, dally average, matched sale-purchase
transactions outstanding during the latest statement week, of which a
net of $1,695 million was with foreign official and international
accounts. Includes securities loaned—fully secured by U.S.
Government securities.
2/
Net of $667 million matched sale-purchase transactions outstanding at
the end of the latest statement week, of which a net of $667 million
was with foreign official and international accounts. Includes $110
million securities loaned—fully secured by U.S. Government
securities.
3_/
Includes all reserve balances of depository institutions.
4/
Total vault cash at institutions without required reserve balances
less vault cash equal to their required reserves.
5J
Adjusted to include $113
million waivers of penalties for reserve
deficiencies in accordance with Board policy effective November 19,
1975.
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.
2/
Reserve balances with Federal Reserve Banks plus vault cash used to
satisfy reserve requirements less required reserves. (This measure of
excess reserves is comparable to the old excess reserve concept
published historically.)
Vault cash and required reserves are partially estimated.
Estimated (San Francisco District).
**
Estimated (Treasury's Figures).
109
-1,646
4
+
+ 106
+ 157
- 256
+ 62
-1,574
440
On January 14, 1981, marketable U.S. Government securities held in
custody by the Federal Reserve Banks for foreign official and international accounts were $92,983 million, an increase of $112 million for
the week.
*
2/
-121,571
311
1,332
Reserve balances with F.R. Banks 3/
Total vault cash (estimated)
a) Vault cash at institutions
with required reserve balances
b) Vault cash equal to required
reserves at other institutions
c) Surplus vault cash at other
institutions 4/
Reserve balances + total vault cash 5/
Reserve balances + total vault cash
used to satisfy reserve requirements 5/6/
Required reserves (estimated)
Excess reserve balances at F.R. Banks 5JJJ
+ 1,830
440
2,814
301
370
H.4.1 (a)
CONSOLIDATED STATEMENT OF C O N D I T I O N OF A L L FEDERAL RESERVE BANKS
Millions of dollars
Change since
Wednesday
January 1 4 , 1981
ASSETS
Gold certificate account
Special Drawing Rights certif. acct.
Coin
Loan:
Acceptances- h e l d under repurchase agreements
Federal agency obligationsBought outright
Held under repurchase" agreements*
U.S. government securities:
Bought outright-Bills
11,160
2,518
399
2,539
LIABILITIES
Federal Reserve n o t e s
Deposits:
Depository i n s t i t u t i o n s
U.S. Treasury-gen era I account
Foreign—official accounts
Other
Total deposits
Deferred availability cash items
O f he r liabilit es and accrued dividends
T O T A L LIAPM ITIFS
45,960
58,718
16,893
121,571
( 4,666 )
121,571
132,849
10,490
(4,666 )
8,379
166,254
459
January 16,
+
+
+
10
1,685
+
29,807
2,814
(1,429)
(1,429)
(3,237)
'(4,666 )
CAPITAL ACCOUNTS
Capital paid in
Surplus
Other capital accounts
301
370
1980
12
718
28
799
523
+ 4,240
+ 2,233
-.
—
+ 4,240
+ 2,224
+ 2,340
+ 6,797
+
+
+
+
+
4,240
5,925
3,167
3
9
2,779
+
+
+
+
+
1,538
+10,568
121,413
4
1981
8,739
Notes
Bonds
Total bought outright^
Held under repurchase agreements
Total U.S. government securities
Total loans and securities
Cash items in process of collection
Bank premises
Other assets 3
T O T A L ASSETS
January 7,
156
+ 5,300
403
+
44
654
+
51
+
63
696
- 1,403
+
13
+ 8,482
159
33,292
6,658
2,222
+ 4,782
478
+
13
1631585
+ 2,779
—_
1,203
1,203
+
+
—
--
263
6,797
8,119
3,964
50
3,491
8,375
53
58
219
* 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 $ 1 , 3 2 3 million was outstanding at the end of the latest statement week.
2 Net of $ 667 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 110 million
securities loaned-fully secured by U.S. government securities.
3 Includes assets denominated in foreign currencies, r e v a l u e d monthly a t market exchange r a t e s .
4 Includes exchange-translation account r e f l e c t i n g
exchange commitments.
* * Estimated (San F r a n c i s c o D i s t r i c t ) .
the monthly r e v a l u a t i o n at market exchange r a t e s of
foreign
M A T U R I T Y D I S T R I B U T I O N OF LOANS A N D S E C U R I T I E S , JANUARY 1 4 , 1981
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
2,464
75
2,539
Acceptances
U.S. government securities
Holdings
| Weekly changes"
4,244
23,635
30,831
34,505
13,354
15,002
121,571
+2,313
+1,983
55
+4,240
Federal agency obligations
Weekly changes
Holdings
31
604
1,586
4,762
1,071
685
8,739
+ 22
+ 78
-100
H.4.1 (b)
STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JANUARY 14, 1981
Millions of dollars
Total
ASSETS
Gold certificate account
Special Drawing Rights certif. acct.
Coin
Loans
Acceptances held under repurchase
agreements
Federal agency obligations:
Bought outright
Held under repurchase agreements 1
U.S. government securities:
Bought outright—Bills
Notes
Bonds
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas
City
Dallas
San *
Francisco
11,160
2,518
577
128
3,012
665
560
121
847
201
961
229
465
79
1,722
411
465
106
225
42
501
111
572
132
1,253
293
399
2,539
27
60
22
1,641
21
27
49
146
43
95
41
128
20
166
25
59
12
47
44
127
32
39
63
4
—
8,739
—
-399
--
—
2,272
—
-379
—
660
--
--
--
__
--
--
--
--
718
317
1,373
351
156
409
519
1,186
--
--
--
--
--
--
--
45,960
2,100
11,946
1,996
3,472
3,776
—
1,665
7,222
1,847
821
2,153
2,727
—
6,235
--
58,718
16,893
2,682
772 _
15,263
4,391
2,549
733
4,436
1,276
4,823
1,387
2,128
612
9,227
2,654
2,359
679
1,049
302
2,752
792
3,485
1,003
7,965
2,292
5,554
31,600
5,278
9,184
9,986
4,405
19,103
4,885
2,172
5,697
7,215
16,492
--
--
--
--
Total bought outright 2
Held under repurchase agreements 1
Total U.S. government securities
121,571
121,571
5,554
31,600
5,278
9,184
9,986
4,405
19,103
4,885
2,172
5,697
7,215
16,492
Total loans and securities
Cash items in process of collection
Bank premises
Other assets3
Interdistrict settlement account
TOTAL ASSETS
132,849
15,156
459
8,379
-0170,920
6,013
387
100
278
- 236
7,274
35,513
2,634
20
2,215
-(-7,736
51,817
5,684
528
54
345
-1,124
6,189
9,990
885
24
615
-1,229
11,382
10,799
2,512
89
502
- 590
14,545
4,850
1,844
35
553
+
119
7,986
20,642
1,896
17
1,210
-1.678
24,240
5,295
806
14
267
593
6,385
2,375
676
28
220
277
3,301
6,233
1,159
22
361
+
182
8,613
7,773
958
13
479
+
113
10,072
17,682
871
43
1,334
-2,423
19,116
--
—
—
--
—
—
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
$ 1 , 3 2 3 million was outstanding at the end of the latest statement week.
2 Net of $ 667
million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ HO
million securities loaned-fuiiy secured
by U.S. government securities.
3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.
* E s t i m a t e d (San F r a n c i s c o D i s t r i c t ) ,
—
. --
•
-
-
H.4.1 (c)
STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON January 14, 1981
Millions of dollars
LIABILITIES
Federal Reserve notes
Deposits:
Depository i n s t i t u t i o n s
U.S. Treasur y — general account
Foreign—official accounts
Other
Total deposits
Deferred availability cash items
Other liabilities and accrued
dividends 1 /
TOTAL LIABILITIES
CAPITAL ACCOUNTS
Capital paid in
Surplus
Other capital accounts
T O T A L LIABILITIES AND CAPITAL
ACCOUNTS
FEDERAL RESERVE AGENTS'
ACCOUNTS
F.R. notes outstanding
L e s s - h e l d by F.R. Banks
F.R. n o t e s , n e t
Collateral held against F.R. notes:
Gold certificate account
Special Drawing Rights cert if. acct.
Other e l i g i b l e a s s e t s
U.S. govt. 3nd agency securities
Total collateral
1
Total
Boston
New York
121,413
5,998
35,520
5,066
29,807
2,814
301
1,799
34,721
9,895
798
609
805
294
10,813
2,814
110
335
14,072
1,060
2,222
168,251
99
7,196
1,203
1,203
263
Chicago
St. Louis
9,338
10,628
3,076
19,128
4,700
1,771
5,668
6,945
13,575
1,205
1,193
1,812
3,612
855
838
1,496
2,177
4,399
619
307
20
1
1,226
446
13
24
1,230
2,341
19
1,430
3,261
1,327
38
2
3,652
729
8
1
864
644
8
1
847
562
11
2
1,509
1,213
16
2
2,195
639
41
1
4,441
333
486
51,138
94
6,086
162
11,172
202
14,401
133
7,797
337
23,846
95
6,303
40
3,220
101
8,491
130
9,909
343
18,692
33
33
12
306
306
67
46
46
11
95
95
20
62
62
20
90
90
9
177
177
40
36
36
10
38
38
5
52
52
18
74
74
15
194
194
36
170,920
7,274
51,817
6,189
11,382
14,545
7,986
24,240
6,385
3,301
8,613
10,072
19,116
140,467
19,054
121,413
7,029
1,031
5,998
38,745
3,225
35,520
6,495
1,429
5,066
10,230
892
9,338
12,074
1,446
10,628
5,540
2,464
3,076
21,056
1,928
19,128
5,650
950
4,700
2,285
514
1,771
6,766
1,098
5,668
8,344
1,399
6,945
16,253
2,678
13,575
11,160
2,518
0
107,735
121.413 11
577
128
0
5,293
5.998
3,012
665
0
31,843
35,520
560
121
0
4,385
5.066
847
201
0
8,290
9.338
961
229
0
9,438
10.628
465
79
0
2,532
3.076
1,722
411
0
16,995
19.128
465
106
0
4,129
4.700
225
42
0
1,504
1*771
501
111
0
5,056
5.668
572
132
0
6,241
6,945
1,253
293
0
12,029
13,575
7
10
^/Includes exchange translation account reflecting the monthly revaluation at market rates of foreign exchange commitments.
* E s t i m a t e d (San F r a n c i s c o
District).
San *
Francisco
Atlanta
Cleveland
Minneapolis
Kansas
City
Richmond
Philadelphia
Dallas
-
@FedFRASER