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FEDERAL RESERVE •GF GOW.- • f^AL Factors Affecting Bank Reserves and Condition Statement of F.R. Banks .• For immediate release H.4.1 October 28, 1976 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 4/ Other F.R. liabilities and capital Member bank reserves: With Federal Reserve Banks Currency and coin Total reserves held 5/ Required reserves Excess reserves J5/ NOTE: W e e k ended Change from w e e k ended Wednesday Oct. 27, | Oct . 2 9 , Oct. 20, Oct. 27, 1976 I 1975 1976 1976 2/ 3/ (In millions of dollars) 1/ 93,166 494 6,757 16 - 863 585 - 18 4- + 201 9 + 120 33 + 2,563 3,750 107,077 11,598 1,200 10,798 130,673 90,149 525 9,093 243 1,018 3,450 104,478 26,195 7,850 34,191 34,064 127 - - 1 39 + 73 4 \.+ • 107 - 526 930 — — — — 4- 12 514 361 — — 4- + 4- + 4- - 694 48 8 132 426 940 421 519 525 - 8,522 764 92,669 1,549 684 36 6,757 51 531 76 i 196 30 26 27 569 32 • : 4" ' 752 484 4- 8,662 1 700 4905 + 4-10,266 2,372 3,719 107,912 11,598 1,200 10,804 131,514 4- 8,074 114 44- 2,945 22 354 4475 4-11,540 90,433 525 9,448 251 954 3,482 105,093 1,275 605 524 373 26,421 7,850 34,417 34,064 353 , + - * 4- , A net of $57 million of surplus reserves were eligible to b e carried forward from the week ended October 20, into the week ending October 27. On October 27, 1976, marketable U.S. Government securities held in custody b y the Federal Reserve Banks for foreign and international accounts were $49,748 million, a decrease of $248 million for the week. 1/ Net of $312 million, daily average, matched sale-purchase transactions outstanding during the statement week. 2/ Excludes $809 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. 3/ Includes $65 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 voluntarily held with member banks and redeposited in full with Federal Reserve Banks. 5/ Adjusted to include $146 million waivers of penalties for reserve deficiencies in accordance with Board policy effective November 19, 1975. .. ; " ; * Estimated (Treasury's figures). H.4.1(a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS (In millions of dollars) Wednesday Change since October 27, Oct. 20, Oct. 29, A S S E T S 1976 1976 1975 mm <m Gold certificate account 11,598 1 Special Drawing Rights certif. acct. * — — 1,200 + 700 Cash (1,598) 374 + 4 16 Loans 569 + 487 + 471 A c c e p t a n c e s — B o u g h t outright 196 3 - 543 Held under repurchase agreements 30 82 128 Federal Agency o b l i g a t i o n s — B o u g h t outright • * 6,757 + 684 Held under repurchase agreements 51 59 40 U.S. Government securities: Bought o u t r i g h t — B i l l s 39,266 - 809 +3,526 mm mm —— Certificates Notes mm mm 46,897 +3,497 Bonds 6,506 +1,402 - - 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 3/ TOTAL ASSETS 1/2/ (1,729) 92,669 1,549 94.218 101,821 7,507 358 (3,327) L I A B I L I T I E S Federal Reserve notes (1,598) Deposits: Member bank-reserves account U.S. Treasury--general account Foreign Other 4/ Total deposits Deferred availability cash items (1,729) Other liabilities and accrued dividends TOTAL LIABILITIES (3,327) 80,528 26,421 9,448 251 954 37,074 5,135 1,094 123,831 C A P I T A L A C C O U N T S Capital paid in Surplus Other capital accounts 2/ 3/ 4/ 809 847 -1,656 -1,313 -1,941 1 26 3,335 126,219 * 1/ - 973 929 486 +8,425 -1,409 +7,016 +7,460 + 774 + 45 + - 282 18 -3,533 2 19 +8,961 70 -3 ,767 + 1 ,372 5 592 -2 ,992 556 32 -3 ,650 +7,,295 -2,,386 +3,,324 + 15 + 360 +1, 313 + 317 53 +8, 872 1 - mm mm + + + 57 32 118 Figures in parentheses are the eliminations made in the consolidating process. Excludes $809 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. Includes $65 million securities loaned--fully secured by U.S. Government securities pledged with Federal Reserve Banks. Includes assets denominated in foreign currencies. Includes $12 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. OCTOBER 27. 1976 (Acceptances and securities held under repurchase agreements are classified as 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 555 14 - — - - Acceptances 57 103 66 — — — 569 226 U.S. Government securities Holdings 1Weekly 1 chances 4,036 -3,344 18,710 +1,403 26,866 + 285 29,559 9,981 5,066 —— 94,218 -1,656 Federal Agency oblieati ons Holdings Weekly changes 72 - 59 374 + 12 1,021 - 12 mm w 3,234 • M 1,406 mm mm 701 6,808 - 59 ] ' , ! STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK 6N OCTOBER 27, 1976 H.4.1(b) Total Boston New York Philadelphia CleveRichAtlanta land mond (In millions of dollars) Chicago St. Louis Minneapolis Kansas Citv 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 11,598 1,200 542 60 3,350 300 641 71 939 103 992 109 599 62 1,704 190 466 50 222 24 397 42 421 46 1,325 143 1,598 374 71 18 413 27 82 10 68 51 154 41 266 44 59 34 58 27 28 14 42 44 115 22 242 42 569 29 4 1 2 8 93 22 4 16 14 376 196 30 -- —— Loans Acceptances: Bought outright Held under repurchase agreements Federal Agency obligationsBought outright Held under repurchase agreements U.S. Government securities: Bought o u t r i g h t Bills Certificates Notes Bonds 46,897 6,506 2,167 301 11,030 1.530 2,602 361 3,867 536 3,764 522 2,512 349 7,510 1,042 1,912 265 1,072 149 1,856 258 2,228 309 6,377 884 Total bought outright U U Held under repurchase agreements Total U.S. Government securities Total loans and securities 92,669 1,549 94.218 101,821 4,282 21,796 1,549 23,345 25,215 5,142 7,640 7,438 4,964 14,840 3,778 2,119 3,668 4,402 12,600 5,142 5,518 7,640 8,197 7,438 7,982 4,964 5,334 14,840 16,015 3,778 4,076 2,119 2,278 3,668 3,951 4,402 4,737 12,600 13,895 204 56 3 172 - 268 1,548 41 - 325 417 375 13 4 79 + 333 477 31 1 50 + 255 826 17 157 277 730 14 1 149 - 505 1,131 16 + 768 24 3 165 303 90 + 152 583 12 4 100 + 456 + 926 9 4 356 55 6,489 10,621 10,747 6,694 19,057 5,481 3,380 5,561 6,496 16,997 Cash items in process of collection Bank premises Operating Equipment Other assets 3/ Interdistrict settlement account TOTAL * 1/ 2/ 3/ — 6,757 51 312 39,266 1,814 -- -- — 4,282 4,623 306 104 196 30 -- — - - 1,589 51 375 557 542 362 1,082 276 155 267 321 919 9,236 2,179 3,237 3,152 2,103 6,288 1,601 898 1,554 1,865 5,339 -- 9,236 358 26 3,335 -0- 104 + 91 1,362 21 6 1,588 - 178 129,546 5,919 32,104 — -- — — — — * - — — Less than $500,000. Excludes $809 million of securities sold, and scheduled to be bought back, under matched sale-purchase transactions. Includes $65 million securities loaned—fully secured by U.S. Government securities pledged with Federal Reserve Banks. Includes assets denominated in foreign currencies. - - — — — -- H.4.1(c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON Total Boston New York Philadelphia Cleveland 7,401 3,668 13,459 CAPITAL ACCOUNTS Capital paid in Surplus Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas 3,472 1,672 2,948 3,326 9,423 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 2/ Total deposits Deferred availability cash items Other liabilities and accured dividends TOTAL LIABILITIES OCTOBER 27, 1976 82,126 4,030 20,971 4,685 7,071 26,421 9,448 251 954 37,074 6,864 6,597 852 1,812 617 76 9 1/ : 841 2 9,326 1,480 937 272 912 532 11 15 1,470 163 1,570 1,019 20 1 2,610 657 1,247 541 13 17 1,818 1,292 1,724 595 18 41 2,378 419 3,636 761 36 6 4,439 642 849 746 8 * 1,603 285 629 550 7 1 1,187 432 1,149 624 10 2 1,785 691 1,817 699 13 15 2,544 450 5,439 952 30 13 6,434 624 47 5,829 261 31,495 59 6,377 83 10,421 93 10,604 57 6,522 154 18,694 39 5,399 23 3,314 39 5,463 46 6,366 193 16,674 35 35 20 248 239 122 43 42 27 84 81 35 54 52 37 75 72 25 145 142 76 31 32 19 28 26 12 41 39 18 56 51 23 133 118 72 5,919 32,104 6,489 10,621 10,747 6,694 19,057 5,481 3,380 5,561 6,496 16,997 1.094 127,158 S 973 929 ; 486 i 129,546 • FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 85,815 4,166 Collateral for F.R. notes: Gold certificate account 11,596 542 Special Drawing Rights certif. acct. 619 60 Acceptances U.S. Government securities . 75,680 , 3,680 87,895 4,282 Total collateral * Less thari $500,000. 21,699 4,918 7,289 7,663 4,315 13,695 3,646 1,727 3,U83 J,DJJ 3,350 300 641 939 992 599 62 1,704 466 50 222 24 396 18 420 46 1,325 59 18,250 21,900 4,500 5,141 4,000 4,661 12,200 13,904 3,250 3,766 1,610 1,856 2,700 3,114 3,105 3,571 9,100 10,484 6,560 7,499 6,725 7,717 — 1U,U8T
@FedFRASER