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O* c 'OVf. ?fs^€-' FEDERAL RESERVE Factors Affecting Bank Reserves and Condition Statement of F.R. Banks H.4.1 For immediate release w<™*mber 14, 1974 Member bank reserves, Reserve Bank credit, and related items Reserve Bank credit: U.S. Government securities-Bought outright--System account Held under repurchase agreements Special Certificates Federal Agency obligations— Bought outright; Held under repurchase agreements AcceptancesBought 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 2/ Other F.R. liabilities and capital Member bank reserves: With Federal Reserve Banks Currency and coin Total reserves held Required reserves Excess reserves NOTE: Averages of daily figures Week ended Change from week ended Wednesday Nov. 13, Nov. 6, I Nov. 14, Nov. 1974 * 1974 1 1973 1974 (In m i l l i o n s of d o l l a r s ) 78,410 -777 -274 - 19 4,011 -171 1717 +3,282 - 259 77,164 +2,272 28 4,0H 217 2 - 4 - 97 + 174 8 214 2 1,098 70 - 29 - 9 - 423 10 625 68 2,504 3,487 89,730 11,567 400 9,099 110,796 +430 + 21 -918 -— + 27 -891 - 138 +2,109 +6,981 — — + 470 +7,451 2,581 3,396 87,993 11,567 400 9,104 109,064 77,022 300 159 302 703 3,038 81,524 +970 + 5 -890 --108 -274 -297 +7,188 38 - 961 - 278 + 7 + 300 +6,218 77,441 312 256 272 763 2,997 82,041 29,271 7,239 36,510 36,333 177 -594 +114 -480 -355 -125 +1,231 + 492 +1,639 +1,608 + 31 27,022 ! 7,239 ! 34,261 36,333 - 2,072 A net of $198 million of surplus reserves were eligible to be carried forward from the week ended November 6, into the week ending November 13. On November 13, 1974, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign and international accounts were $32,242 million, an increase of $400 million for the week. 1/ Excludes $ 1,870 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. 2/ Includes $ 118 million securities loaned--fully secured by U.S. Government securities pledged with Federal Reserve Banks. 3/ Includes $ 54 million of certain deposits of domestic nonmember banks and foreign-owned banking institutions held with member banks and redeposited in full with Federal Reserve Banks in connection with voluntary participation by nonmember institutions in the Federal Reserve System's program of credit restraint. * Estimated (Cleveland District). H.4,1(a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS (In millions of dollars) Wednesday Change since Nov. 13, Nov. 6, Nov. 14, 1974 1973 1974 ASSETS Gold certificate account 11,460 -— Special Drawing Rights certif. accts. * — 400 Cash ( 932) + 4 239 69 Loans - 217 - 3,366 625 Acceptances—Bought outright -- + 214 175 Held under repurchase agreements 2 190 65 Federal Agency obligations—Bought outright ~ + 2,272 4,011 Held under repurchase agreements -580 199 U.S. Government securities: Bought outright—Bills 34,348 - 1,947 517 Certificates - Special — — 131 Other Notes 39,719 + 2,345 Bonds 3,097 - 331 Total bought outright 172/ 77,164 - 2,078 + 1,497 Held under repurchase agreements - 1,812 759 Total U.S. Government securities 77,164 315 - 2,837 • Total loans and securities 82,016 - 3,824 - 1,498 Cash items in process of collection (1,681) 9,296 + 819 - 503 Bank premises 255 + 37 Other assets 31/ 3,141 83 + 1,984 TOTAL ASSETS (2,613) 106,807 49 3,084 P.- Federal Reserve notes Deposits: Member bank-reserves account U. S. Treasurer—general account Foreign Other 4/ Total deposits Deferred availability cash items Other liabilities and accrued dividends TOTAL LIABILITIES CAPITAL ACCOUNTS. Capital paTd in Surplus Other capital accounts ( 932) (1,681) (2,613) 68,782 27,022 256 272 763 28,313 6,715 1,137 104,947 891 844 125 + 711 - 4,916 + 256 46 + 56 - 4,650 + 904 28 - 3,063 .... — 21 + 6,712 - 5,524 - 1,274 280 + 66 - 7,012 + 62 + 180 58 + + 59 51 101 Contingent liability on acceptances purchased for foreign correspondents 2,050 14 + 1,450 * Figures in parentheses are the eliminations made in the consolidating process. 1/ Excludes $1870 million of securites sold, and scheduled to be bought back, under matched sale-purchase transactions. 2/ Includes $118 million securities loaned—fully secured by U.S. Government securities pledged with Federal Reserve Banks. 2/ Includes assets denominated in foreign currencies. 4/ Includes $54 million of certain deposits of domestic nonmember banks and foreign-owned banking institutions held with member banks and redeposited in full with Federal Reserve Banks in connection with voluntary participation by nonmember institutions in the Federal Reserve System's program of credit restraint. Estimated (Cleveland District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES. NOVEMBER 1Tr 1Q74 (Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements.) Federal Agency U.S. Government Acceptobligations securities Loans ances Holdings Weekly Holdings Weekly Changes changes Within 15 days 40 35 5,587 - 2,748 49 - 531 16 days to 90 days 90 148 18,592 142 + 967 - 49 91 days to 1 year — — 28 19,831 - 1,056 559 Over 1 year to 5 years -,— — — 21,289 1,937 iOver 5 years to 10 years — — 9,946 836 — Over 10 years — -• --.1,919 488 Total 625 216 77,164 2,837 4,011 580 H.4.1(c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON NOVEMBER 13, 1974 Total Boston New York Phila- Clever delphia land RichAtlanta mond Chicago St. Louir Minneapolis Kansas City San Dallas 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. Treasurer—general account Foreign Other 3/ Total deposits Deferred availability cash ileitis Other liabilities and accnled dividends TOTAL LIABILITIES CAPITAL ACCOUNTS Capital paid in Surplus Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Contingent liability on ace:eptances purchased for fore]Lgn correspondents 69,714 3,318 17,366 4,331 5,933 6,337 3,751 11,205 2,839 1,310 2,559 2,613 8,152 786 * 12 3 801 431 8,783 * 1/ 56 639 9,478 1,431 1,026 * 14 11 1,051 513 1,796 * 25 2 1,823 521 1,191 256 16 22 1,485 1,155 1,611 * 21 25 1,657 646 3,523 833 555 909 1,389 4,620 1.137 47 107,560 4,597 277 28,552 63 5,958 88 8,365 78 9,055 58 6,112 35 34 4 235 215 41 41 42 4 78 74 8 50 47 9 68 62 10 109,42C 4,670 29,043 6,045 8,525 9,161 2/ 524 100 180 27,022 256 272 763 28,313 8,396 891 844 125 2,050 84 115. •k 46 17 3,586 1,168 10 4 847 354 7 3 565 469 12 8 929 660 16 37 16 13 1,418 4,673 51C 532 39 167 16,126 4,079 25 2,369 39 4,187 46 21C 4,593 13,567 137 132 17 29 29 4 21 20 3 37 35 5 4G 46 6 6,252 16,412 4.141 2,413 4,264 4.693 149 322 70 47 84 113 1,358 2,710 2,835 8,688 1.430 1,430 2,800 2,800 2,830 8.800 2,835 8,800 112 108 14 umi—^ 262 FEDERAL RESERVE AGENTS1 ACCOUNTS F. R. notes outstanding Collateral for F. R. notes: Gold certificate account U. S, Government securities Total collateral 3,419 100 3^350 3,450 17,885 — 18,050 18,050 4,403 6,060 6,524 4,028 11,375 2,977 400 330 835 100 700 200 4,100 4,500 5,800 6,130 5,725 6,560 4,050 4,150 10.800 11,500 2,810 3,010 If After deducting $216 million participations of other Federal Reserve Banks. *Lj After deducting $ 1,526 million participations of other Federal Reserve Banks. Estimated (Cleveland District), 3/ Includes $ 54 million of certain deposits of domestic non-member banks and foreign-owned banking institutions with ~ member banks and redeposited in full with Federal Reserve Banks in connection with voluntary participation by non-member institutions in the Federal Reserve System's program of credit restraint. STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON H.4.10>) Total Boston New York Philadelphia Cleveland * Richmond Atlanta November 13, 1974 Chicago 0.n millions St. Louis Minneapolis Kansas City Dallas San Francisco of dollars) A S S E T S Gold certificate account Special Drawing Rights certif. acct. F.R. notes of other banks Other cash Loans 456 23 4,395 820 23 1,050 1,353 33 36 461 22 1,333 93 70 332 15 96 7 202 15 212 14 750 49 55 16 3 166 20 1 28 10 58 47 28 9 77 16 39 134 35 152 83 21 203 21 22 14 22 9 8 37 20 40 71 14 57 191 28 41 — 214 2 — — — — — — — 4,011 175 998 219 326 305 210 646 149 84 154 179 566 34,348 1,502 8,549 1,873 2,791 2,610 1,798 5,530 1,278 717 1,322 1,532 4,846 11,460 400 932 239 ! 625 Acceptances: Bought outright Held under repurchase agreements Federal Agency obligations-Bought outright Held under repurchase agreements U.S. Government securities: Bought outright-Bills Certificates: Other Notes Bonds Total bought outright 1/2/ Held under repurchase agreelne"nts Total U.S. Government securities Total loans and securities -- -- -- -- -- ._ -- .. 39,719 1,737 3,097 135 77,164 1 3,374 9,886 771 19,206 2,166 169 4,208 3,228 252 6,271 3,018 235 5,863 2,079 162 4,039 6,395 499 12,424 1,478 115 2,871 829 65 1,611 1,529 119 2,970 1,771 138 3,441 5,603 437 10,886 77,164 82,016 3,374 3,552 1* 206 20,421 4,208 4,485 6,271 6,606 5,863 6,207 4,039 4,401 12,424 13,273 2,871 3,034 1,611 1,703 2,970 3,164 3,441 3,677 10.886 11,493 Cash items in process of collection Bank premises Other assets 3/ 10,977 255 3,141 448 61 59 ,845 12 2,091 566 27 86 620 26 115 1,358 14 100 1,110 14 75 1,415 16 201 658 14 45 510 34 32 755 17 54 628 12 65 1,064 8 218 [109,420 4,670 29,043 6,045 8,525 9,161 6,252 16,412 4,141 2,413 4,264 4,693 13,801 TOTAL ASSETS 214 2 — — — 1/ 27 2/ Excludes $1,870 million of securities sold, and scheduled to be bought back, under matched sale -purchase transactions, Includes $118 million securities loaned—fully secured by U.S. Government securities pledged wi th Federal Reserve Banks, Includes assets denominated in foreign currencies. * Estimated (Cleveland District)„ — „„
@FedFRASER