The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE Factors Affecting Bank Reserves and Condition Statement of F.R. Banks For immediate release H.4.1 October 23, 1975 Member bank reserves, Reserve Bank credit, and related items Reserve Bank credit: U.S. Government securities-Bought o u t r i g h t — S y s t e m 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 4/ Other F.R. liabilities and capital Member bank reserves: With Federal Reserve Banks Currency and coin Tot;al reserves held Required reserves Excess reserves NOTE: Averages of daily figures Week ended Change from week ended Wednesday Oct. 22, Oct, 23, Oct. 15, Oct. 22, 1975 1975 1974 1975 2/3/ (In millions of dollars) 17 167 689 +3,699 + 689 83,331 2,394 36 +1,778 + 36 5,789 119 + 2 41 + + 499 38 720 144 233 63 + 60 -1,089 44 941 63 2,142 3.578 96,378 11,599 + + 83,160 689 + + 5,789 36 711 41 3 9.887 118,364 14 +1,184 + 845 +6,397 2,421 3.663 99,522 11,599 500 9.893 121,514 82,462 370 3,575 245 656 3.221 90,529 109 +6,614 52 + +2,375 26 - 187 64 +8,764 82,481 370 6,074 214 817 3,317 93,273 -2,367 + 487 -1,880 -2,039 + 159 28,341 6.741 34,982 34,576 406 51 126 +1,171 411 182 +5,420 + 32 + 500 27,835 6.741 34,576 34,576 - + + 484 95 39 130 448 + 736 - 882 + - 146 167 313 + + 100 A net of $106 million of surplus reserves were eligible to be carried forward from the week ended October 15, into the week ending October 22. On October 22^1975, marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign and international accounts were $42,443 million, an increase of $1,478 million for the week. 1/ Net of$847 million, daily average, matched sale-purchase transactions outstanding • > during the statement week. 2/ Excludes $899 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. 3J Includes $161 million securities loaned--fully secured by U.S. Government securities pledged with Federal Reserve Banks. 4/ Includes $12 million of certain deposits of foreign-owned banking institutions held with member banks anc( redeposited in full with Federal Reserve Banks in connection with voluntary participation by non-member institutions in the Federal Reserve System's program of credit restraint. * Estimates (Treasury's Figures). H.4.1(a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS (In millions of dollars) Wednesday Change since October 22, October 15, October 23. A S S E T S 1225 1975 , 1 1974 mm Gold certificate account 11,599 + 139 * «* Special Drawing Righte certif. meets. 500 + 100 Cash (1,744) 393 2 + + 149 Loans 941 + 458 -1,541 Acceptances--Bought outright 720 + 22 + 507 Held under repurchase agreements 144 + 144 + 141 Federal Agency obligations—Bought outright 5,789 +1,778 Held under repurchase agreements 119 + 119 + 119 U.S. Government securities: Bought outright--Bills 34,827 +1,348 -2,040 —«* Certificates Notes —— 43,400 +3,681 Bonds 5.104 +2.007 -- Total bought outright Held under repurchase agreements Total U.S. Government securities Total loans and securities Cash items in process of collection Bank premises Operating Equipment Other assets ±/ TOTAL ASSETS (3,45$) 83,331 ^2*324 85.725 93,438 7,77% 311 6 3.346 117.370 + 43 +2.213 +3,648 +2.394 +6.042 +7,046 - 439 + 58 6 + + 208 +7,267 L I A B I L I T I E S Federal Reserve notes (1,744) Deposits: Member bank-reserves account U.S. Treasury-general account Foreign Other 4/ Total deposits Referred availability cash items (1,712) Other liabilities and accrued dividends TOTAL LIABILITIES (3,456) 73,356 28,241 6,074 214 817 35,346 5,351 1.134 115,187 - 417 +1,314 +3,371 - 663 + 175 +4,197 -1,755 + 79 +2,104 +6*066 -3,063 +4,681 <68 99 +1,451 - 221 64 +7,232 1/2/ (1,712) C A P I T A L A C C O U N T S Capital paid in Surplus Other capital accounts 915 897 371 +1,348 tZ,)94 +3.742 :4,485 -2,317 -re mm * * 1 mm + 110 Contingent liability on acceptances purchased, for foreign correspondents + + - 27 53 45 -1,973 * 1/ Figures in parentheses are the eliminations made in the consolidating process# Excludes $899 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. 2/, Includes $161 million securities loaned--fully secured by U.S. Government securities pledged with Federal Reserve Banks. 3/ Includes assets denominated in foreign currencies. 4/• Includes $12 million of certain deposits of 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. MATURITY DISTRIBUTION: OF LOANS AND SECURITIES, OCTOBER 22. 1975 (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 935 6 941 Acceptances 317 216 331 864 U.S. Government securities Holdings Weekly [changes 6,014 + 824 17,723 +1,868 22,329 +1,050 30,099 5,893 3,667 — 85,725 +3,742 Federal Agency obligations Holdings Weekly Ichanges 156 +145 195 + 1 620 3,141 1,214 582 5,908 + 2 + 53 - 82 +119 STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 22, 1975 H.4.1(b) Total Boston New York Philadelphia CleveRichAtlanta mond land (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. F.R. notes of other banks Other cash 11,599 500 530 24 3,330 124 668 31 888 43 981 45 611 28 1,768 79 449 20 206 10 419 18 422 19 1,327 59 1,744 398 133 26 353 31 71 12 77 52 184 42 213 51 62 35 35 29 41 17 51 37 94 18 430 48 941 15 697 42 — — —— 83 7 2 17 13 18 47 720 144 -- - - - - — — 812 Loans Acceptances: Bought outright Held under repurchase agreements Federal Agency obligations-Bought outright Held under repurchase agreements U.S. Government securities: Bought o u t r i g h t — Bills Certificates Notes Bonds 43,400 5,104 2,018 237 10,415 1.225 2,549 300 3,429 403 3,507 412 2,266 266 6,537 769 1,653 195 948 111 1,774 209 2,218 261 6,086 716 Total bought outright 1/2/ Held under repurchase agreements Total U.S. Government securities Total loans and securities 83,331 2,394 85,725 93,438 3,874 19,998 2,394 22,392 25,461 4,894 6,584 6,733 4,351 12,552 3,174 1,820 3,406 4,260 11,685 Cash items in process of collection Bank premises Operating Equipment Other assets 3/ Interdistrict settlement account TOTAL V 2/ 3/ — 720 144 — — — — — 457 468 — 5,789 119 269 1,389 119 340 — - 34,827 1,619 8,358 2,045 2,752 — — - - — — 9,484 311 6 3,346 -0120.826 —— — — 3,874 4,158 — — — — — -- — — 2,814 — —— -- - - — — — 302 872 221 126 237 296 — — — — — 1,819 —— —— 5,246 1,326 — — — — —— — — — —— 1,423 — — - - 1,781 — — —— — — 4,351 4,736 12,552 13,431 3,174 3,397 1,820 1,963 3,406 3,656 4,260 4,574 11,685 12,544 1,442 21 814 14 1,277 16 471 13 581 33 823 17 1,040 7 2 307 + 565 16.329 501 26 90 53 112 - 382 145 + 660 145 - 93 130 - 116 281 +1,592 72 + 304 - 46 14 75 - 260 709 12 2 93 - 492 5,488 30,49$ 6.130 9.433 9.968 6.481 18.541 4.790 2.883 4.836 5.451 + — — 6,733 7,201 294 48 — 4,883 6,584 7,041 1,142 20 2 1,850 -1,817 390 84 - - 4,894 5,276 - - — -- - - Excludes $899 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. Includes $161 million securities loaned—fully secured by U.S. Government securities pledged with Federal Reserve Banks. Includes assets denominated in foreign currencies. 761 - - H.4.1(c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 22, 1975 Total Boston New York Philadelphia CAPITAL ACCOUNTS Capital paid in Surplus Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco (In millions of dollars) liabilities 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 TOTA LIABILITIES Cleveland 75,100 3,718 18,751 4,435 6,514 6,854 3,734 12,006 3,152 1,519 2,696 2,863 8,858 28,241 6,074 214 817 35,346 7,063 1,038 6,656 236 2,457 9 1/ 46 3 712 1,286 9,871 347 1,012 936 337 11 1 1,285 241 1,764 430 20 1 2,215 433 1,283 390 12 15 1,700 1,199 1,772 214 17 31 2,034 481 4,329 836 35 23 5,223 823 922 243 8 1 1,174 351 706 131 5 3 845 ' 438 1,173 107 10 3 1,293 715 1,667 216 13 10 1,906 511 5,995 477 28 14 6*514 512 ia34 118,643 51 5,402 306 29,940 65 6,026 83 9,245 84 9,837 72 6,321 153 18,205 39 4,716 26 2,828 41 4,745 52 5,332 162 16,046 915 897 371 35 35 16 230 235 91 42 42 20 52 50 29 72 69 19 142 138 56 31 30 13 24 22 9 39 37 15 51 49 19 117 112 54 120,826 5.488 30.496 6.130 6.481. 18.541 4.790 2.883 4.836 5.451 16.329 80' 78 30 9,433 9.968 Contingent liability on acceptances purchased for foreign correspondents 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 78,711 3,898 19,487 4,561 6,735 7,138 4,254 12,237 3,330 1 ,572 2,876 3,004 9,619 11,596 302 530 24 3,329 124 668 888 980 611 28 1,768 449 20 206 10 418 18 422 19 1,327 59 69.410 81.308 3,954 16.350 4.150 5.910 6.260 7,240 4.000 A,619 11.400 2.920 3,389 1 .410 1 2.500 9 OIA 2.610 .3 051 8.500 9:886 3.400 19,803 4,818 6,798 1/ After deducting $168 million participations of other Federal Reserve Banks. 2/ Includes $12 million of certain deposits of 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.
@FedFRASER