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FEDERAL RESERVE '-.**%&*: Factors Affecting Bank Reserves and Condition Statement of F.R. Banks H.4.1 For immediate release January 27, 1977 Averages of d<aily figures Week ended Change from week ended Member bank reserves, Reserve Bank credit, Jan. 26, Jan. 19, Jan. 28, and related items 1977 1976 1977 1/ (in mill Lons of dollars) Reserve Bank credit: U.S. Government securities-94,028 Bought outright—System account +2 ,787 +8,860 872 Held under repurchase agreements -1,475 - 812 Federal Agency obligations-Bought outright 6,790 4 + 478 Held under repurchase agreements 64 2 - 149 + Acceptances-Bought outright 194 6 - 556 Held under repurchase agreements 130 11 86 Loans— Total member bank borrowing 90 19 + 32 Includes seasonal borrowing of: 9 1 + 1 Other borrowing - 571 Float 2,914 + 513 Other F.R. assets 3,480 - 142 + 285 Total Reserve Bank credit 108,562 +7,474 +1 ,651 Gold Stock 11,658 -. + 59 Special Drawing Rights certif. acct. 1,200 -+ 700 Treasury currency outstanding 10,900 4 + 654 + 132,320 +8,887 +1 ,655 Currency in circulation Treasury cash holdings Treasury deposits with F.R. Banks Foreign deposits with F.R. Banks Other deposits with F.R. Banks 3/ Other F.R. liabilities and capital Member bank reserves: With Federal Reserve Banks Currency and coin Total reserves held 4-/ Required reserves Excess reserves 4/ * * 91,774 475 8,630 228 750 3,301 105,157 - 848 — +2 ,847 13 - 107 + 89 +1 ,967 +8,193 - 46 + 245 2 22 58 +8,309 Wednesday Jan. 26, 1977 1/ | 95,049 2,360 6,790 199 193 268 482 10 2,314 4,016 111,671 11,658 1,200 10,901 135,430 91,711 475 10,283 253 722 3,416 106,860 - 311 27,163 + 578 28,570 8*815 404 + 466 8,815 „. 36,128 704 + 1,056 37,535 35,776 -1 ,165 + 869 j 35,776 352 + 461 + 187 1,759 NOTE: A net of $109 million of deficit reserves were eligible to be carried forward from the week ended January 19, into the week ending January 26. On January 26, 1977, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign and international accounts were $51,798 million, a decrease of $222 million for the week. 1/ Net of $439 million, daily average, matched sale-purchase transactions outstanding during the statement week. H Includes $165 million securities loaned--fully secured by U.S. Government securities pledged with Federal Reserve Banks. H Includes $21 million of certain deposits of foreign-owned banking institutions voluntarily held with member banks and redeposited in full with Federal Reserve Banks. 4/ Adjusted to include $150 million waivers of penalties for reserve deficiencies in accordance with Board policy effective November 19, 1975* Estimated (Treasury's Figures). CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS (In millions of dollars) Change since Wednesday Jan. 26, Jan. 19, Jan l 9 2 ? g, 1977 1977 ASSETS — 11,658 + ~~55" Gold certificate account — 1,200 + 700 Special Drawing Rights certif. acct. 8 13 381 + Coin - 160 482 + 344 Loans - 548 4 193 Acceptances--Bought outright - 147 268 + 12 Held under repurchase agreements -. 6,790 + 478 Federal Agency obligations—Bought outright - 194 199 + 99 Held under repurchase agreements U.S. Government securities: 39,675 +4,162 +3,985 Bought outright—Bills Certificates 48,601 + 629 +4,365 Notes + 48 +1,178 6,773 Bonds H.4.1(a) 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 V TOTAL ASSETS 1/ (1,911) (1,911) tl A B I t l l l l i Federal Reserve notes Deposits: Member bank-reserves account U.S. Treasury—general account Foreign Other V Total deposits Deferred availability cash items Other liabilities and accrued dividends TOTAL LIABILITIES (1,911) (1,911) C A P I T A L A C C O U N T S C a p i t a l paid i n Surplus Other c a p i t a l a c c o u n t s 95,049 2,360 97,409 105,341 7,712 366 3,650 130,308 +4,839 +1,016 +5,855 +5,802 -2,489 + 1 + 701 +4,023 +9,528 -3,758 +5,770 +5,703 + 169 + 41 + 307 +6,966 81,666 28,570 10,283 253 722 39,828 5,398 1,020 127,912 - 664 + 856 +4,160 + 25 62 +4,979 - 448 + 39 +3,906 +7,399 - 933 77 + 44 + 95 - 871 + 449 - 101 +6,876 984 983 429 —— — 117 + + + - 50 .55 15 * Figures in parentheses are the eliminations made in the consolidating process. 1/ Includes $165 million securities loaned—fully secured by U.S. Government securities pledged with Federal Reserve Banks. 2/ Includes assets denominated in foreign currencies. 3/ Includes $21 million of certain deposits of foreign-owned banking institutions voluntarily held with member banks and redeposited in full with Federal Reserve Banks. MATURITY DISTRIBUTION: OF LOANS AND SECURITIES»JANUARY 26, 1977 (Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements.) 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 Loans Acceptances 480 2 --— 302 103 56 — -- T&T~ 5oT U.S. Government securities Holdings Weekly changes 7,081 +3,758 + 956 18,770 26,204 + 491 + 475 31,185 + 128 9,173 4.996 + 47 Federal Agency obligations Holdings Weekly changes 97,409 6,989 +57S55 239 330 1,037 3,361 1,281 741 +91 +45 + 6 -*-38 -85 + 4 +9? H.4.1(b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JANUARY 26, 1977 Total Boston New York Philadelphia 11,658 1,200 542 60 3,410 300 641 71 Coin 381 19 29 12 Loans Acceptances: Bought outright Held under repurchase agreements Federal Agency obligations— Bought outright Held under repurchase agreements U.S. Government securities: Bought outright— Bills Certificates Notes Bonds 482 Total bought outright U Held under repurchase agreements Total U.S. Government securities Total loans and securities CleveRichland Atlanta mond (In millions of dollars) Chicago St. Louis Minneapolis Kansas City 397 San Dallas Francisco. A Si S_ E T S Gold certificate account Special Drawing Rights certif. acct. 939 103. 992 109 599 62 1,704 190 466 50 222 24 48 44 44 35 27 15 1,325 143 23 41 20 43 42 44 Cash items in process of collection Bank premises Other assets 2/ Interdistrict settlement account TOTAL 184 49 26 54 15 9 68 14 193 268 193 268 277 155 269 322 923 6,354 1,617 907 1,570 1,885 5,395 2,603 363 7,783 1,084 1,982 276 1,111 155 1,924 268 2,308 322 6,608 921 7,629 5,091 15,221 3,875 2,173 3,762 4,515 12,924 7,837 8,397 7,629 8,228 5,091 5,470 15,221 16,317 3,875 4,220 2,173 2,328 3,762 4,045 4,515 4,857 12,924 13,890 333 56 133 77 556 25 159 + 464 1,638 49 162 - 193 795 14 155 710 1,633 16 303 - 925 453 13 83 + 117 446 31 51 + 23 821 17 80 + 442 595 12 96 + 268 1,310 9 420 + 663 6,846 10,691 11,029 6,429 19,273 5,429 3,140 5,888 6,318 17,801 6,790 199 314 1,597 199 377 560 545 364 39,675 1,833 9,332 2,201 3,272 3,184 2,125 48,601 6,773 2,246 313 11,431 1,593 2,697 376 4,007 558 3,901 544 95,049 2,360 97,409 105,341 45392 5,274 7,837 4,392 4,890 22,356 2,360 24,716 27,022 5,274 5,677 9,623 366 3,650 -0- 331 107 94 + 172 712 17 1,914 - 244 132,219 6,215 33,160 1,087 1/ Includes $165 million securities loaned—fully secured by U.S. Government securities pledged with Federal Reserve Banks. 2/ Includes assets denominated in foreign currencies. * Less than $500,000. 421 46 H.4.1(c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JANUARY 26, 1977 Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco (In millions o f dollars) L I A B I L I T I E S Federal Reserve notes Deposits: Member bank reserves U.S. Treasury—general account Foreign Other Total deposits Deferred availability cash items Other liabilities and accured dividends TOTAL LIABILITIES CAPITAL ACCOUNTS Capital paid in Surplus Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 20,984 4,617 7,193 7,379 3,310 13,553 3,462 1,701 2,885 3,319 9,212 972 7,383 28,570 726 2,246 10,283 8 1/ 78 253 1 626 722 | 10,333 1,707 39,828 321 942 7,309 1,070 732 10 1 1,813 256 1,981 775 20 1 2,777 442 1,530 490 13 16 2,049 1,386 1,695 644 18 41 2,398 489 3,549 878 35 9 4,471 741 886 622 8 1 1,517 331 706 203 7 2 918 431 1,182 941 10 2 2,135 735 1,530 796 13 8 2,347 480 6,086 1,230 33 14 7,363 755 81,666 1,020 129,823 984 983 429 |i 132,219 4,051 48 6,127 293 32,552 51 6,737 74 10,486 72 10,886 61 6,258 142 18,907 37 5,347 24 3,074 35 5,790 42 6,188 141 17,471 35 35 18 250 251 107 43 43 23 85 84 36 54 54 35 75 75 21 148 148 70 33 33 16 29 29 8 41 41 16 55 55 20 136 135 59 6,215 33,160 6,846 10,691 11,029 6,429 19,273 5,429 3,140 5,888 6,318 17,801 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding Collateral for F.R. notes: Gold certificate account Special Drawing Rights certif. acct. Acceptances U.S. Government securities Total collateral 4,391 22,287 4,985 7,567 7,927 4,410 14,144 3,751 1,800 3,189 3,834 10,427 542 60 3,410 300 641 939 992 599 62 1,704 466 50 222 24 396 42 420 46 1,325 59 3,830 18,850 4,500 4,432 22,560 5,141 6,810 7,749 7,025 8,017 4,000 4,661 12,600 14,304 3,350 3,866 la610 1,856 2,800 3,238 3.425 3,891 9,300 10,684 1/ After deducting $175 million participations of other Federal Reserve Banks. 2/ Includes $21 million of certain deposits of foreign-owned banking institutions voluntarily held with member banks and redeposited in full with Federal Reserve Banks.
@FedFRASER