H.4.1 Factors Affecting Reserve Balances of Depository Institutions

-Of GOVi FEDERAL RESERVE Factors Affecting Reserves of Depository Insitutions and Condition Statement of F.R. Banks H.4.1 4:15 p.m. Eastern time February 16, 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 1155,, February 8, February 16, February 15, 11998844 1984 198V 1984 Reserve Bank credit: 1 2 U.S. government securities- Bought outright—system account 147,720 - 431; +13,887 147,571 Held under repurchase agreements Federal agency obligations- Bought outright 8,570 15 - 354 8,568 Held under repurchase agreements Acceptances- Bought outright Held under repurchase agreements Loans to depository institutions 753 + 394 - 115 2,218 Includes: seasonal borrowing of 94 + 9 + 55 111 extended credit of 5 + 4 - 269 5 Float 1,139 + 346 - 1,297 2,087 Other F.R. assets 8,918 31 747 8,018 Total Reserve Bank credit 167,101 + 264 +11,376 168,462 Gold stock 11,119 1 24 11,118 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 15,732 + 614 15.732 Total Factors 198,570 + 264 +11,965 199,930 Currency in circulation* 167,358 + 482 +14,175 167,642 Treasury cash holdings* 482 + 26 489 Treasury deposits with F.R. Banks 4,398 312 + 1,127 4,877 Foreign deposits with F.R. Banks 218 + 10 28 260 Other deposits with F.R. Banks 630 + 151 + 85 607 Service-related balances and adjustments 3 1,574 + 22 + 1,067 1,072 Other F.R. liabilities and capital 5,497 + 51 + 705 5r289 180,157 + 405 +17,157 180,236 Reserve balances with F.R. banks 4 18,412 141 - 5,197 19,694 On February 15, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $116,680 million, an increase of $4,250million for the week. ' 1 Net of $ 3,129 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $3,129 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3.278 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,278 million was with foreign official and international accounts. Includes $175 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $1,072 million and adjustments of $502 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * 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 Wednesday Wednesday Wednesday February 15, 1984 February 8, 1984 February 16, 1983 ASSETS Gold certificate account 11,118 24 Special Drawing Rights certificate account 4,618 Coin 530 + 12 + 20 Loans 2,218 + 1,966 - 1,300 Acceptances- Held under repurchase agreements Federal agency obligations- 8,568 17 356 Bought outright Held under repurchase agreements'! U.S. government securities: 63,123 - 1,182 +10,167 Bought outright—Bills 62,921 - 713 + 734 Notes 21,527 + 713 + 2,532 Bonds 147,571 - 1,182 +13,433 Total bought outright2 Held under repurchase agreements1 147,571 ~7l82 +13,433 Total U.S. government securities 158,357 + 767 +11,777 Total loans and securities (2,729) 10,412 + 2,369 + 491 Cash items in process of collection 549 4 Bank premises 7,469 • 1,138 759 Other assets 3 (2,729) 193,053 + 2,009 +11,501 TOTAL ASSETS LIABILITIES Federal Reserve notes 152,929 392 +13,536 Deposits: Depository institutions 20,766 + 29 - 4,733 U.S. Treasury—general account 4,877 +. 86 + 820 Foreign—official accounts 260 + 50 + 63 Other (4) 607 + 4 + 84 Total deposits (4) 26,510 + 169 - 3,766 Deferred availability cash items 8,325 + 1 ,502 + 1,094 Other liabilities and accrued dividends4 2,033 - 73 + 430 TOTAL LIABILITIES (2,725) 189,797 + 1,990 +11,294 CAPITAL ACCOUNTS Capita! paid in 1,478 + 93 Surplus 1,465 + 106 Other capita! accounts 313 13 + 8 Figures in parentheses are the eliminations made in the consolidating process. Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and Internationa! accounts of which $ -0- million was outstanding at the end of the iatest statement week. Net of $ 3,278 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 175 million securities loaned—fully secured by U.S. government securities. 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. includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, February 15, 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 2,198 — 6,449 - 4,357 176 + 58 16 days to 90 days 20 -- 30,242 + 526 643 - 136 91 days to 1 year -- -- 43,548 + 579 1,654 - 22 Over 1 year to 5 years -- .. 34,506 + 357 4,373 + 83 Over 5 years to 10 years -- — 14,196 + 1,097 1,319 — Over 10 years -- -- 1188,,663300 ++ 661166 440033 -. Total 2,218 — 114477,,557711 -- 11,,118822 88,,556688 - 17 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 15, 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 11,118 927 3,055 541 659 913 371 1,504 468 143 605 750 1,182 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 530 27 30 22 45 63 55 33 29 24 49 37 116 Loans 2,218 35 605 84 3 55 4 272 84 16 113 123 824 Acceptances held under repurchase agreements .- -- -- -- __ .- -- -- -_ _- -- _. -- Federal agency obligations: Bought outright 8,568 402 2,805 286 508 711 208 1,181 243 105 440 593 1,086 Held under repurchase agreements i -- -- -- -- -- -- -- -- -- — -- -- -- U.S. government securities: Bought outrigh,t-Bills 63,123 2,961 20,667 2,106 3,740 5,241 1,530 8,699 1,790 773 3,245 4,367 8,004 Notes 62,921 2,951 20,601 2,099 3,728 5,225 1,526 8,671 1,783 770 3,234 4,354 7,979 Bonds 21,527 1,010 7,048 718 1,275 1,788 522 2,967 610 263 1,106 1,490 2,730 Total bought outright 2 147,571 6,922 48,316 4,923 8,743 12,254 3,578 20,337 4,183 1,806 7,585 10,211 18,713 Held under repurchase agreements 1 -- -- -- -- -- — — -- -- .-- -- -- -- Total U.S. government securities 147,571 6,922 48,316 4,923 8,743 12,254 3,578 20,337 4,183 1,806 7,585 10,211 18,713 Total loans and securities 158,357 7,359 51,726 5,293 9,254 13,020 3,790 21,790 4,510 1,927 8,138 10,927 20,623 Cash items in process of collection 13,141 734 1,891 409 384 2,623 810 1,354 645 466 1,363 678 1,784 Bank premises 549 96 25 50 27 105 35 20 16 26 25 18 106 Other assets 3 7,469 228 1,934 310 414 428 394 918 184 174 318 1,162 1,005 Interdistrict settlement account -0- + 317 + 2,176 7 395 + 718 - 509 + 357 291 + 292 - 926 - 1,522 - 210 TOTAL ASSETS 195,782 * 9,929 62,172 6,843 10,690 18,278 5,107 26,622 5,731 3,113 9,813 12,360 25,124 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 $ -o- million was outstanding at the end of the latest statement week. 2 Net of $ 3,278 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 175 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. 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 15, 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 152,929 8,704 49,046 5,520 8,986 14,122 2,399 22,165 4,490 2,139 7,359 9,444 18,555 Deposits: Depository institutions 20,766 619 4,516 722 1,109 1,273 1,777 2,824 533 395 934 1,916 4,148 U.S. Treasury—general account 4,877 4,877 Foreign-official accounts 260 4 147 7 10 8 12 20 4 5 7 11 25 Other 611 1 515 1 18 2 64 1 4 1 4' Total deposits 26,514 624 10,055 729 1,120 1,299 1,791 2,908 538 400 945 1,928 4,177 Deferred availability cash items 11,050 412 1,599 366 241 2,531 609 840 555 438 1,253 607 1,599 Other liabilities and accrued dividends 1 2,033 95 660 71 122 159 55 283 58 30 104 139 257 TOTAL LIABILITIES 192,526 9,835 61,360 6,686 10,469 18,111 4,854 26,196 5,641 3,007 9,661 12,118 24,588 CAPITAL ACCOUNTS Capital paid in 1,478 41 358 73 102 72 124 193 41 52 69 110 243 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 313 13 97 13 18 21 7 41 9 3 15 24 52 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 195,782 9,929 62,172 6,843 10,690 18,278 5,107 26,622 5,731 3.113 9,813 12,360 25,124 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 181,591 10,154 54,200 7,985 10,159 16,189 5,560 24,837 5,733 2,790 9,949 11,743 22,292 Less-Held by F.R. Banks 28,662 1,450 5,154 2,465 1,173 2,067 3,161 2,672 1,243 651 2,590 2,299 3,737 F.R. notes, net 152,929 88,,770044 4499,,004466 55,,552200 88,,998866 1144,,112222 22,,339999 2222,,116655 44,,449900 22,,iiJJ99 ""77"";;ii55yy ""~~55..444444 18,555 (lollateral held against F.R. notes: • Gold certificate account 11,118 Special Drawing Rights certif. acct. 4,618 Other eligible assets -0- U.S. govt, and agency securities 137,913 Total collateral 152,929 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis