The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE '""f^LR**. Factors Affecting Bank Reserves and Condition Statement of F.R. Banks H.4.1 For immediate Telease May 3, 1979 Averages of daily figures Week ended Change from week ended Wednesday Member bank reserves, May 2, Reserve Bank credit, April 25, I May 3, May 2, and related items 1979* 1979 1979* 197E Reserve Bank credit: (In millions of dollars) U.S. Government securities-1/ 2/ Bought outright—System account 106,473 - 159 + 3,629 105,231 Held under repurchase agreements 380 576 - 255 Federal Agency obligations-Bought outright 7,464 465 7,464 Held under repurchase agreements 164 18 67 Acceptances-Bought outright Held under repurchase agreements 128 73 122 Loans-Total member bank borrowing 1,217 + 227 - 447 1,672 Includes seasonal borrowing of: 164 + 25 + 103 168 Other borrowing Float + 462 6,975 + 2,777 9,099 Other F.R. assets 6,718 -_ 156 +_ 3,550 6,592 Total Reserve Bank credit 129,512 + 64 + 8,272 130,058 Gold Stock 11,417 - 301 1 11,416 Special Drawing Rights certif. acct. 1,300 -+ 50 1,300 Treasury currency outstanding 12,202 22 +_ 699 12,205 154,432 + 86 + 8,721 154,979 ±_ 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: 113,230 393 3,398 296 759 4,607 122,683 31,749 9,964 41,838 41,654 184 _ + + +_ - 262 8 219 46 110 101 233 + 9,829 + 10 - 4,720 - 175 + 29 +_ 599 + 5,572 113,724 400 4,569 304 687 4,028 123,712 + + + + + 319 647 966 938 28 + 3,149 +_ 717 + 3,915 + 4,046 - 131 31,268 9,964 41,357 41,654 - 297 A net of $88 million of surplus reserves were eligible to be carried forward from the week ended April 25, into the week ending May 2. On May 2, 1979, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $83,902 million a decrease of $2,055 million for the week. 1/ Net of $2,620 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which $2,095 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. Government securities. 2/ Net of $3,862 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which $1,837 million was with foreign official and international accounts. Includes $138 million securities loaned--fully secured by U.S. Government securities. 3/ Adjusted to include $125 million waivers of penalties for reserve deficiencies in accordance with Board policy effective November 19, 1975. * Estimated (Cleveland and Richmond Districts). ** Estimated (Treasury's figures). CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS (In millions of dollars) Wednesday Change since May 2, April 25, May 3, 1979 1 1978 A S S E T S 1979** 11,416 - 302 2 Gold certificate account 1,300 + 50 Special Drawing Rights certif. acct. 1 392 + 81 Coin + 145 1,672 -1,164 Loans Acceptances--Bought outright - 575 - 464 Held under repurchase agreements 7,464 - 465 Federal Agency obligations--Bought outright - 631 -- 864 Held under repurchase agreements J7 U.S. Government securities: 37,212 - 590 Bought outright--Bills -3,099 Certificates 54,662 +2,152 Notes — 13,357 Bonds +3,664 H.4.1(a) 105,231 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./ TOTAL ASSETS* 105,231 114,367 (2,537) ) 17,117 397 6,195 (2,537)) 151,184 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 Other liabilities and accrued dividends 4/ TOTAL LIABILITIES 102,310 31,268 4,569 304 687 36,828 (2,537) 8,018 1,682 (2,537) 148,838 C A P I T A L A C C O U N T ^ Capital paid in Surplus Other capital accounts 1/ 2/ 3/ 4/ 1,116 1,078 152 - 590 -2,195 -2,785 -3,846 +2,877 - 447 -1,419 +2,717 -2,842 - 125 -3,082 +4,256 + 10 +3,430 +4,443 + 41 -2,355 + 502 + 29 5 -1,829 + 973 - 101 916 +9,165 - 327 -5,678 - 164 25 -6,194 +1,076 + 219 +4,266 503 + + + 67 49 61 Figures in parentheses are the eliminations made in the consolidating process. Estimated (Cleveland and Richmond 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 $3,862 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $138 million securities loaned— fully secured by U.S. Government securities. Includes assets denominated in foreign currencies. Beginning December 29, 1978, such assets are revalued monthly at market exchange rates. Includes exchange-translation account reflecting, beginning December 29, 1978, the monthly revaluation at market exchange rates of foreign-exchange commitments. MATURITY DISTRIBUTION: OF LOANS AND SECURITIES, MAY 2, 1979 (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 1,582 90 1,672 Acceptances Federal Agency U.S. Government obligations securities Holdings Holdings Weekly Weekly changes changes 3,711 -1,823 30 -663 16,230 -2,214 604 -28,004 +1,533 + 32 977 33,843 - 281 3,507 -11,875 -- 1,571 — 11,568 775 — —' 105,231 -2,785 7,464 -631 H.4.1(b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON HAY 2, 1979 Total Boston New York Philadelphia CleveRichmond* land Atlanta (In millions of dollars) Chicago St. Louis Minneapolis Kansas City San Dallas Francisco 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. Government securities: Bought outright — Bills Certificates Notes Bonds Total bought outright 2/ Held under repurchase agreements J7 Total U.S. Government securities Total loans and securities Cash items in process of collection Bank premises Other assets 2/ Interdistrict settlement account TOTAL 17 11 ,416 1 300 587 67 3,046 330 924 69 801 112 958 116 475 51 1,756 215 474 55 231 28 473 48 501 57 1,190 152 392 26 21 25 48 38 34 25 28 24 55 22 46 1 672 210 290 94 39 50 84 154 148 74 77 33 419 7,464 361 1,840 357 600 611 309 1,184 318 166 329 407 982 37,212 1,800 9,173 1,779 2,990 3,047 1,542 5,905 1,583 827 1,642 2,028 4,896 54,662 13,357 2,644 646 13,473 3,292 2,614 639 4,391 1^073 4,477 1,094 2,265 553 8,675 2,120 2,326 568 1,215 297 2,413 590 2,978 728 JL,757_ 105,231 5,090 25,938 5,032 8,454 8,618 4,360 16,700 4,477 2,339 4,645 5,734 13,844 105,231 114 ,367 5,090 5,661 25,938 28,068 5,032 5,483 8,454 9,093 8,618 9,279 4,360 4,753 16,700 18,038 4,477 4,943 2,339 2,579 4,645 5,051 5,734 6,174 13,844 15,245 19 ,645 397 6 ,195 -0- 400 106 233 19 2,171 10 1,482 +1,339 1,539 55 344 -2,089 953 23 485 306 2,786 80 403 h 229 2,078 25 432 - 466 2,011 16 917 + 199 1,116 13 210 - 220 985 28 175 531 1,6 51 19 260 + 299 1,228 12 365 h 884 2,736 10 889 h 69 153,721 7,061 36,467 6,350 11,821 13,889 7,382 23,177 6,619 3,519 7,856 9,243 20,337 - 7,191 3/ 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 $3,862 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $138 million securities loaned--fully secured by U,S. Government securities. Includes assets denominated in foreign currencies; revalued monthly at market exchange rates. * Estimated (Cleveland and Richmond Districts). 2/ STATEMENT OF CONDITION OF EACH FEDERAL RESEP.VE BANK OH May 2, 1979 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) 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 accrued dividends 1/ TOTAL LIABILITIES CAPITAL ACCOUNTS Capital paid in Surplus Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 4,441 ^ 5,147 11,404 808 121 9 1 939 606 1,449 603 12 2 2,066 1,186 2,792 389 16 10 3,207 669 6,877 487 40 10 7,414 867 66 6,548 39 3,448 68 7,761 86 9,109 297 19,982 167 163 12 34 33 4 35 34 2 7,382 23 177 6,619 3,519 7,856 9,243 20,337 102,310 5,259 26,307 5,104 8,509 9,366 3,281 17,071 4,557 1,864 31,263 4,569 304 687 36,828 10,555 954 369 9 1 1,333 325 6,755 958 96 591 8,400 859 644 130 12 2 788 290 2,278 120 24 2,422 571 1,463 222 15 16 1,716 2,481 2,188 463 21 46 2,718 1,108 4,067 554 42 6 " 4,669 82* 993 153 8 2 1,156 769 1,682 151,375 76 6,993 328 35,894 76 6,258 128 11,630 142 13,705 105 7,212 271 22,835 33 33 2 280 280 13 45 44 3 58 57 69 84 81 5 7,061 36,467 6,350 13,889 1,116 1,078 152 ! 153,721 94 92 5__ 11,821 47 46 2_ 65 63 6_ 174 152 29 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. Government and Agency securities Total collateral 115,868 6,246 29,085 6,418 9,146 10,288 4,883 18,356 5 ,036 2 348 5,014 5,850 13,198 11,416 1,300 1,284 101,868 115,868 587 67 198 5,394 6,246 3,046 330 154 25,555 29,085 924 69 74 5,351 6,418 801 112 39 8,194 9,146 958 116 38 9,176 10,288 475 51 81 4,276 4,883 1,756 215 145 16,240 18,356 474 55 126 4 381 5 ,036 231 28 65 2 024 2 348 473 48 71 4,422 5,014 501 57 31 5,261 5,850 1,190 152 262 11,594 13,198 \_l Tncludes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (Cleveland and Richmond Districts).
@FedFRASER