The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE ••.f^TS^- Factors Affecting Bank Reserves and Condition Statement of F.R. Banks H.4.1 For immediate release March 1, 1979 Member bank reserves, 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-Total 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 Member bank reserves: With Federal Reserve Banks Currency and coin Total reserves held 3/ Required reserves Excess reserves 3/ NOTE: 1/ 2/ 3/ * ** Averages of daily figures Week ended Change from week ended Wednesday Feb. 28, Feb . 21, Feb. 28, 1 >lar. 1, 1979* 1979 1 1978 1 1979* (In millions of dollars) -1101,098 — -1 ,286 -.. -- 7,487 "• + 3,379 336 - -1 103,486 — 495 7,487 68 -- *"— *"~ :: 1,084 123 82 + + 147 2 11,653 4,659 125,980 11,544 1,300 11,983 150,807 - 440 + 299 -1 ,282 --+ 14 -1 ,268 111,085 . 68 17 + 126 17 - 39 + 274 + 258 -1 ,526 + 398 -1 ,130 - 889 - 241 295 3,660 269 840 4,721 120,870 29,937 9,743 39,814 39,647 167 + + 693 65 1,604 + 7,102 + 2,512 +12,704 + 50 + 556 +13,136 8,218 4,540 125,335 11,544 1 1,300 11,992 | 150,171 + 9,919 111,357 174 124 94 290 408 + 844 +10,158 3,443 343 779 4,679 120,891 + 2,976 + 658 + 3,682 + 3,635 + 47 29,280 9,743 39,157 39,647 490 - 81 22 ! i A net of $107 million of surplus reserves were eligible to be carried forward from the week ended February 21, into the week ending February 28. On February 28, 1979, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $94,611 million, an increase of $272 million for the week. Net of $5,911 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which $1,431 million was with foreign official and international accounts. Includes securities loaned— fully secured by U.S. Government securities. Net of $3,450 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which $1,949 million was with foreign official and international accounts. Includes $128 million securities loaned--fully secured by U.S. Government securities. Adjusted to include $134 million waivers of penalties for reserve deficiencies in accordance with Board policy effective November 19, 1975. Estimated (Cleveland and Atlanta Districts). Estimated (Treasuryfs figures). H.4.1(a^ CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS (In millions of dollars) Change since Wednesday Feb. 21, Feb. 28, March 1, 1979** , 1978ASSE T S . _-Aim.— 174 11,544 Gold certificate account + 50 1,300 Special Drawing Rights certif. acct. * + 6 344 + Coin + 778 1,604 + 586 Loans Acceptances—Bought outright - 354 Held under repurchase agreements - 495 7,487 Federal Agency obligations—Bought outright -- 419 Held under repurchase agreements 1/ U.S. Government securities: -2,080 35,467 +7,653 Bought outright--Bills Certificates +4,146 54,662 Notes +3,959 13,357 — Bonds 103,486 +7,653 (2,168) 103,486 112,577 14,937 395 4,145 145^242 +7,653 +8,239 -6,412 + 1 + 29 +1,861 L I A B I L I T I E S Federal Reserve notes Deposits: Member bank-reserves account U.S. Treasury—general account Foreign Other Total deposits Deferred availability cash items (2,168) Other liabilities and accrued dividends 4/ TOTAL LIABILITIES (2,168) 99,999 29,280 3,443 343 779 33,845 6,719 1,859 142,422 - 134 +3,656 + 258 + 28 + 27 +3,969 -1,897 - 227 +1,711 1,088 1,078 654 _— -150 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 1/ (2,168) C A P I T A L A C C O U N T S Capital paid in Surplus Other capital accounts + +6,025 -1,630 +4,395 +9 ,277 25 - 191 26 6 - 248 + 120 + 463 +9 ,612 + •\ + 46 49 106 * Figures in parentheses are the eliminations made in the consolidating process. ** Estimated (Cleveland and Atlanta Districts). 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 $3,450 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $128 million securities loaned-fully secured by U.S. Government securities. 3/ Includes assets denominated in foreign currencies. Beginning Decembei 29, 1978, such assets are revalued monthly at market exchange rates. 4/ Includes exchange-translalion account reflecting, beginning December 29, 1978, the monthly revaluation at market exchange rates of foreign-exchange commitments. MATURITY DISTRIBUTION: OF LOANS AND SECURITIES. FEBRUARY 28, 1979 (Acceptances and securities held under repurchase agreements are classified as maturing within 15 dr.yg in accordance with maximum maturity of the, apieemcnts.) 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 ,577 27 — — --1 ,604 Acceptances -------- U.S. Government securities Holdings Weekly changes +1,127 3,084 +7,072 16,546 - 914 25,864 + 368 34,549 -11,875 -11,568 103,486 +7,653 Federal Agency obiigatlcps Holdings Weekly changes -241 114 +162 344 - 56 1,098 + 78 3,553 + 57 1,568 -810 -7,487 H.4.1(b) STATEMENT OF COHDITIO^ OF EACH FEDERAL RESERVE BANK ON FEBRUARY 28, 1979 New Total Fhiladelphia * ClevaRichmond Atlanta land | (In millions of dollars) Chicago i St. Louis 1 Minneapolis San j Kansas 1 City Dallas Franc!sec Boston York 11,544 1,300 960 67 2,729 698 69 921 112 974 116 518 51 1,763 215 516 55 231 28 525 48 509 57 1,200 330 344 22 23 21 42 33 38 19 23 17 44 18 44 1,604 215 133 272 61 38 33 137 222 34 55 52 352 — -- --- .. -- --- --~ --- -. -_ -— —— —— "" "" 7,487 375 623 613 339 180 307 — ._ -- -- 1,776 2,951 2,904 1,605 5,657 1,449 — — — -- -- — 2,232 A S S E T S 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 1/ U.S. Governisent securities: Bought outright — Bills Certificates Notes Bonds Total bought outright 2J Held under repurchase agreements J7 Total U.S. Government securities Total loans and securities Ca*h items in process of collection Bs^k prentlaas Other assets 3/ Inter district settlei^nt accotint TOTAL * \J 2/ 3/ 4/ 1 348 1,821 — -- — 35,467 1,650 -- -- 54,662 13,357 2,544 103,486 -- 8,628 — -- 2,472 669 604 8,718 2.130 5,183 8,612 8,474 4,681 16,505 622 4,816 25,174 -- -- — -- -- 306 -- *" "" 389 992 -- -- 1,454 1,841 4,701 -- — 1,312 2,239 2,838 545 321 547 693 4,226 2,484 4,240 —— - " • 4,476 1.094 2,738 -- 1,194 4,549 1,112 13,297 3.249 —— 152 -- — •* - • * 851 -- — 7,247 1,771 5,372 -/13,719 -- -- -- 103.486 112,577 4,816 5,379 25.174 27,128 5,183 5,830 8,612 9,296 8.474 9,125 4,681 5,053 16.505 17,836 4,226 4,754 2.484 2,698 4.240 4,602 5.372 5,813 13.719 15,063 17,105 414 106 160 2,466 648 55 190 1,299 2,365 1,831 2,264 1,763 23 290 16 664 664 28 123 1,237 80 284 697 13 128 1,457 23 309 19 156 12 219 10 684 459 +1,565 100 -1,086 619 +1,181 6,649 35,189 13,077 6,718 8,484 20,097 395 4,145 -0147,410 - 10 938 - 853 6,658 - 515 11,487 + - 356 22,421 - 121 6,065 - 391 3,398 + 316 7,167 + Estimated (Cleveland and Atlanta Districts). 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 $3,450 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $128 million securities loaned--fully secured by U.S. Government securities. Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes securities loaned to other Reserve Banks. STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON FEBRUARY 28, 1979 a.4.i(c) Total Boston New York Philadelphia Cleveland* Richmond Atlanta * Chicago St. Louis ,. Minneapolis Kansas City Dallas San Francisco (In millions of dollars) L I A B I L I T I E S T*ed* ral Reserve notes deposits: Member bank reserves U.S. Treasury—general account Foreign Other Total deposits Deferred availability cash items Other liabilities and accrued dividends 1/ TOTAL LIABILITIES CAPITAL ACCOUNTS Capital paid in Surplus Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS .. „ _ 99,999 5,109 25,605 5,031 8,395 9,050 3,395 16,792 4,472 1,793 4,281 4,882 11,194 29,280 3,443 343 779 33,845 8,887 895 219 6 1 1,121 255 5,983 643 193 687 7,506 839 1,030 179 8 2 1,219 218 1,700 152 17 1 1,870 865 1,446 219 11 12 1,688 2,047 2,131 95 15 43 2,284 769 3,642 519 31 12 4,204 767 854 162 6 2 1,024 415 713 224 6 2 945 538 1,481 236 9 2 1,728 971 2,440 269 12 8 2,729 635 6,965 526 29 7 7,527 568 1,859 144,590 67 6,552 528 34,478 69 6,537 119 11,249 121 12,906 76 6,524 232 21,995 59 5,970 37 3,313 68 7,048 79 8,325 404 19,693 1,088 1,078 654 33 33 31 280 280 151 45 44 32 92 92 54 58 57 56 82 81 31 164 163 99 34 33 28 35 34 16 46 46 27 64 63 32 155 152 97 147,410 6,649 35,189 6,658 11,487 13,077 6,718 22,421 6,065 3,398 7,167 8,484 20,097 2,287 4,950 5,736 13,083 525 231 48 28 32 47 2/ 1,996 £/ 4,330 A, 950 2,287 509 57 48 5,122 5,736 1,200 152 324 11,407 13,083 I FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding Collateral for F.R. notes: Gold certificate account Special Drying Rights certif. acct. Eligible paper U.S. Government securities Total collateral \j 2/ * 113,160 5,945 28,414 6,175 9,086 9,810 4,851 17,876 4,947 11,544 1,300 1,424 98,892 113,160 960 67 204 4,714 5,945 2,729 330 698 69 269 5,139 6,175 921 112 61 7,992 9,086 974 116 518 51 33 4,249 4,851 1,763 215 130 15,768 17,87* 516 55 2/ £/ 113 25,242 28,414 2/ £/ 30 8,690 9,810 2/ £/ 133 4,243 4,947 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Includes securities borrowed from other Reserve Banks. Estimated (Cleveland and Atlanta Districts).
@FedFRASER