H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserves of Depository Insitutions and Condition Statement of F.R. Banks H.4.1 For release at'4:15 p.m. Eastern time February 9, 1984 Averages of daily figures (millions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, WWeeeekk eennddeedd Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss FFeebbrruuaarryy 88,, February 1, February 8, 11998844** IQftA FebI3§5y 9> 1984* Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 148,151 - 2,195 + 15,070 148,753 Held under repurchase agreements — 1,493 — — Federal agency obligations- Bought outright 8,585 17 - 339 8,585 Held under repurchase agreements — 109 — — Acceptances- Bought outright __ — — — Held under repurchase agreements — 59 — — Loans to depository institutions 359 318 - 11 252 Includes: seasonal borrowing of 85 24 + 50 82 extended credit of 1 2 - 233 1 Float 807 79 - 1,118 1,220 Other F.R. assets 8,949 53 - 848 9,156 Total Reserve Bank credit 166,851 - 4,323 + 12,754 167,966 Gold stock 11,120 — • 24 11,119 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 13,786 — — 13,786 Tout Factors 196,374 - 4,324 + 12,729 197,489 Currency in circulation** 164 ,930 + 575 + 13,609 165,307 Treasury cash holdings** 481 3 + 32 481 Treasury deposits with F.R. Banks 4,710 2,470 + 1,254 4,791 Foreign deposits with F.R. Banks 208 1 _ 23 210 Other deposits with F.R. Banks 479 + 53 _ 106 603 Service-related balances and adjustments 3 1,559 39 + 1,059 1,073 Other F.R. liabilities and capital 5.446 205 -1- 745 5.341 177,812 - 2,091 + 16,569 177,808 Reserve balances with F.R. banks 4 18,562 2,233 - 3,838 19,680 On February 8, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $112 ,430 million, an increase of $ 23 million for the week. 1 Net of $2,698 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2 ,698 million was with foreign official and international accounts, includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 2 ,096 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2096 million was with foreign official and international accounts. Includes $ 36 million securities loaned—fully secured by s U.S. government securities. 3 Consists of required clearing balances of $ 1,073 million and adjustments of $ 486 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. •Estimated (Atlanta District). ** Estimated (Treasury's figures). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since ** WWeeddnneessddaayy **** Wednesday Wednesday February 8, 1984 February 1, 1984 February 9, 1983 ASSETS Gold certificate account 11,119 - 1 25 Special Drawing Rights certificate account 4,618 -- -- Coin 518 + 19 + 1 Loans 252 - 1,040 289 Acceptances- Held under repurchase agreements -- — -- Federal agency obligations- Bought outright 8,585 — 339 Held under repurchase agreements1 -- — — U.S. government securities: Bought outright—Bills 64,305 - 1,919 +11,511 Notes 63,634 — + 1,008 Bonds 2200,,881144 — + 2,258 Total bought outright2 1144..88,,775533 - 1,919 +14,777 Held under repurchase agreements1 -- — — Total U.S. government securities 148,753 - 1,919 + 14,777 Total loans and securities 157,590 - 2,959 +14,149 Cash items in process of collection (2,221) 8,043 - 1,040 82 Bank premises 549 + 1 3 Other assets 3 8,607 - 163 870 TOTAL ASSETS ((22,,222211)) 191,044 ^ 4,143 +13,170 LIABILITIES Federal Reserve notes 152,521 + 717 +13,312 Deposits: Depository institutions 20,753 - 1,862 - 3,555 U.S. Treasury—general account 4,791 - 1,891 •^+ 2,092 Foreign—official accounts 210 + 14 + 9 Other 603 + 166 + 24 Total deposits 26,357 - 3,573 - 1,430 Deferred availability cash items (2,221) 6,823 - 1,093 •••+-' 594 Other liabilities and accrued dividends4 2,106 _ 234 + 494 TOTAL LIABILITIES (2,221) 187,807 ~ 4,183 +12,970 CAPITAL ACCOUNTS Capital paid in 1,472 + 2 + 90 Surplus 1,465 -- + 106 Other capital accounts 300 + 38 + 4 * Figures in parentheses are the eliminations made in the consolidating process. 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 $ 1,042 million was outstanding at the end of the latest statement week. 2 Net of $ 2,096 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 36 million securities loaned—fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 53 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. ** Estimated (Atlanta District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, February 8, 1984 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. U.S. government securities Federal agency obligations LLooaannss AAcccceeppttaanncceess Holdings [Weekly changes Holdings Weekly changes Within 15 days 219 -- 10,806 + 1,305 118 — 16 days to 90 days 33 -- 29,716 - 3,033 779 -- 91 days to 1 year "" -- 42,969 191 1,676 -- Over 1 year to 5 years -- -- 34,149 .- 4,290 — Over 5 years to 10 years -- — 13,099 — 1,319 -- Over 10 years ^ — 18,014 — 403 — Total 252 148,753 1,919 8,585 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON February 8, 1984 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond * Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,119 927 3,056 541 659 913 371 1,504 468 143 605 750 1,182 Special Drawing Rights cert if. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 518 26 30 22 45 63 54 33 26 22 49 36 112 Loans 252 10 12 43 -- 29 6 28 20 3 92 6 3 Acceptances held under repurchase agreements — -- — -- — « -- -- -- — -- -- -- Federal agency obligations: Bought outright 8,585 403 2,811 286 509 713 208 1,183 243 105 441 594 1,089 Held under repurchase agreements 1 -- -- -- -- -- .. -- -- -- -- -- -- -- U.S. government securities: Bought outright-Bills 64,305 3,016 21,054 2,145 3,810 5,340 1,559 8,862 1,822 787 3,305 4,450 8,155 Notes 63,634 2,985 20,834 2,123 3,770 5,284 1,543 8,769 1,804 779 3,271 4,403 8,069 Bonds 20,814 976 6,815 694 1,233 1,728 505 2,869 590 255 1,070 1,440 2,639 Total bought outright 2 148,753 6,977 48,703 4,962 8,813 12,352 3,607 20,500 4,216 1,821 7,646 10,293 18,863 Held under repurchase agreements 1 -- -- .. — -- -- -- -- — — -- -- -- Total U.S. government securities 148,753 6,977 48,703 4,962 8,813 12,352 3,607 20,500 4,216 1,821 7,646 10,293 18,863 Total loans and securities 157,590 7,390 51,526 5,291 9,322 13,094 3,821 21,711 4,479 1,929 8,179 10,893 19,955 Cash items in process of collection 10,264 611 453 105 355 2,029 871 1,416 570 352 1,021 637 1,844 Bank premises 549 96 25 50 27 105 35 20 16 26 25 18 106 Other assets 3 8,607 290 2,278 318 493 515 464 1,094 220 192 383 1,239 1,121 Interdistrict settlement account -0- + 119 + 3,634 + 87 - 883 + 451 629 - 634 110 + 454 - 859 - 1,449 181 TOTAL ASSETS 193,265 9,700 62,337 6,639 10,320 17,578 5,148 25,790 5,839 3,179 9,644 12,434 24,657 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 $ 1,042 million was outstanding at the end of the latest statement week. 2 Net of $ 2,096 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 36 million securities loaned—fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 53 million in Treasury Bills maturing within 90 days. * Estimated (Atlanta District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON February 8, 1984 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond * Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 152,521 8,559 48,774 5,531 8,978 14,157 2,456 22,139 4,569 2,179 7,327 9,368 18,484 Deposits: Depository institutions 20,753 544 5,900 589 774 993 1,716 2,315 544 477 943 2,022 3,936 U.S. Treasury—general account 4,791 — 4,791 — — — — — — — — Foreign—official accounts 210 4 97 7 10 8 12 20 4 5 7 11 25 Other 603 -- 515 ~ 1 19 1 61 — — 2 1 3 Total deposits 26,357 548 11,303 596 785 1,020 1,729 2,396 548 482 952 2,034 3,964 Deferred availability cash items 9,044 402 763 285 211 2,063 656 540 572 383 1,105 650 1,414 Other liabilities and accrued dividends1 2,106 96 688 71 125 169 55 289 60 30 108 141 274 TOTAL LIABILITIES 190,028 9,605 61,528 6,483 10,099 17,409 4,896 25,364 5,749 3,074 9,492 12,193 24,136 CAPITAL ACCOUNTS Capital paid in 1,472 40 357 73 102 72 123 193 40 51 69 109 243 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 300 15 95 12 18 23 7 41 10 3 15 24 37 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 193,265 9,700 62,337 6,639 10,320 17,578 5,148 25,790 5,839 3,179 9,644 12,434 24,657 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 181,088 9,999 54,133 7,965 10,118 16,186 5,655 24,837 5,741 2,798 9,821 11,683 22,152 Less-Held by F.R. Banks 28,567 1,440 5,359 2,434 1,140 2,029 3,199 2,698 1,172 619 2,494 2,315 3,668 F.R. notes, net 152,521 8,559 48,774 5,531 8,978 14,157 2,456 22,139 4,569 2,179 7,327 9,368 18,484 Collateral held against F.R. notes: Gold certificate account 11,119 Special Drawing Rights certif. acct. 4,618 Other eligible assets - 0 - U.S. govt, and agency securities 136,784 Total collateral 152,521 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (Atlanta District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis