H.4.1 Factors Affecting Reserve Balances of Depository Institutions

;of covi FEDERAL RESERVE "fSfP^ Factors Affecting Reserve Balances of Depository Insitutions and Condition Statement of F.R. Banks H.4.1 For release at 4:30 p.m. Eastern time March 29, 1984 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, Week ended Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss March 28, * ""March 21, T March 30, March 28, * 1984 1984 IQfn 1QR4 Reserve Bank credit: 1» 2 168,978 _ 338 + 13,503 165,262 U.S. government securities- Bought outright—system account 148,623 - 1,274 + 14,163 145,670 Held under repurchase agreements 997 + 997 + 997 — Federal agency obligations- Bought outright 8,558 — 357 8,558 Held under repurchase agreements 140 + 140 + 140 __ Acceptances- Bought outright -- — — — Held under repurchase agreements 59 + 59 + 59 ~_ Loans to depository institutions 1,195 + 118 + 298 718 includes: seasonal borrowing of 160 + 22 + 98 158 extended credit of 30 - 1 275 34 Float 504 ™ 587 1,449 1,247 Other F.R. assets 8,901 + 209 349 9,069 Gold stock 11,114 — 24 11,114 Special Drawing Rights certificate account 4,618 — 4,618 Treasury currency outstanding 15,879 + 12 + 675 15,889 Total factors supplying reserve funds 200,588 - 327 + 14,153 196,883 Currency in circulation** 168,263 _. 371 + 13,490 168,488 Treasury cash holdings** 494 -f 9 + 1 503 Deposits, other than reserve balances, with F.R. Banks: Treasury 4,358 - 969 + 1,824 3,838 Foreign 210 - 15 21 187 Service-related balances and adjustments 3 1,548 - 48 + 950 1,103 Other 537 _ 130 + 16 506 Other F.R. liabilities and capital 5,832 + 262 4° 921 5,595 Total factors, other than reserve balances, absorbing reserve funds 181,242 - 1,263 + 17,182 180,220 Reserve balances with F.R. Banks 4 19,347 + 936 3,026 16,663 On March 28, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $117,565 million, an increase of $2,690 million for the week. 1 Net of $ 4,151 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,459 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 7,117 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,274 million was with foreign official and international accounts. Includes $ 293 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,103 million and adjustments of $ 445 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Richmond 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 Wednesday Wednesday Wednesday March 28., 1984 March 21. 1984 March 30. 1983 ASSETS Gold certificate account 11,1.14 24 Special Drawing Rights certificate account 4,618 Coin 515 6 + 36 Loans 718 217 - 1,267 Acceptances- Held under repurchase agreements Federal agency obligations- 8,558 357 Bought outright Held under repurchase agreements'! U.S. government securities: 61,222 - 5,298 + 7,744 Bought outright—Bills 62,921 — + 734 Notes 2211,,552277 — + 2,532 Bonds 114455,,667700 - 5,298 +11,010 Total bought outright2 Held under repurchase agreements1 145,670 - 5,298 +11,010 Total U.S. government securities 154,946 - 5,515 + 9,386 Total loans and securities (2,025) 8,1.88 650 630 Cash items in process of collection 549 — 3 Bank premises 8,520 + 228 313 Other assets 3 (2,025) 188,450 - 5,943 + 8,452 TOTAL ASSETS LIABILITIES Federal Reserve notes 153,617 48 +12,178 Deposits: Depository institutions 17,766 - 4,034 - 6,027 U.S. Treasury—general account 3,838 - 1,707 + 1,722 Foreign—official accounts 187 54 63 Other (3) 506 44 62 Total deposits (3) 22,297 - 5,839 - 4,430 Deferred availability cash items (2,022) 6,941 242 - 134 Other liabilities and accrued dividends4 2,301 + 177 + 602 TOTAL LIABILITIES (2,025) 185,156 - 5,952 + 8,216 CAPITAL ACCOUNTS Capital paid in 1,498 + 2 + 105 Surplus 1,465 — + 106 Other capital accounts 331 + 7 + 25 * 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 $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 7» 117 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $293 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 $ 58 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 (Richmond District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, MARCH 28, 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 678 — 5-.045 -5,206 188 + 33 16 days to 90 days 40 — 29,318 -2,192 763 + 70 91 days to 1 year — — 43,959 +2,100 1,668 - 33 Over 1 year to 5 years — — 34,522 — 4,176 - 70 Over 5 years to 10 years — — 14,196 — 1,360 — Over 10 years 1188,,663300 — 440033 — 55JJ Total 771188 114455,,667700 -5,298 88,,555588 0 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 MARCH :> K, 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.L14 927 3,051 541 659 913 371 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 ,, 515 29 31 21 44 61 47 30 31 24 49 33 115 Loans 718 ! 40 30 50 1 71 101 120 48 54 94 59 50 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8.558 401 2.802 285 507 711 208 1.179 243 105 440 592 1,085 Held under repurchase agreements 1 U.S. government securities: Bought outright-Bills 61,222 2,871 20.045 2,043 3.628 5,083 1,484 8.437 1.736 750 3,147 4,235 7,763 Certificates: Special Other 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 2,7 30 Total bought outright 2 145,670 6,832 47,694 4,860 8,631 12,096 3.532 20,075 4.129 1 ,783 7.487 10,079 18,472 Held under repurchase agreements 1 Total U.S. government securities 145,670 6,832 47,694 4,860 8,631 12,096 3,532 20,075 4,129 1 ,783 7,487 10,079 18,472 Total loans and securities t I 154,946 7,273 50,526 5,195 9.139 12,878 3.841 21,374 4,420 1 ,942 8,021 10,730 19,607 Cash items in process of collection * 10,213 270 901 306 308 1.896 845 1,166 547 433 1,176 983 1,382 Bank premises 549 96 25 50 27 105 35 20 16 26 25 18 106 Other assets 3 8,520 282 2,217 316 479 490 436 1,072 215 192 387 1,248 1,186 Interdistrict settlement account -0- +1,072 +1,134 + 398 - 335 +1,048 - 106 - 857 71 + 187 - 896 -1,655 + 81 TOTAL ASSETS 190,475 10,190 59,220 7,052 10,623 17.799 5,630 24,955 5,796 3 ,008 9,608 12,417 24,177 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 $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 7,117 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $293 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 $ 58 million in Treasury Bills maturing within 90 days. Estimated (Richmond 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 March 28, 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 153,617 8,913 48,513 5,718 8,865 14,203 2.933 21,751 4,602 2,117 7,346 9.620 19,016 Deposits: Depository institutions 17.766 760 4,097 813 1,103 1,362 1,632 1,674 525 372 845 1,553 3,030 U.S. Treasury-general account 3,838 — 3,838 — — — — — — _„ Foreign-official accounts 187 4 74 7 10 8 12 20 4 5 7 11 25 Other 509 II 335588 II 11 3399 11 102 ~ — I 22 3 Total deposits 22,300 ""7766**55 88,,336677 "" 882211 11,,111144 11,,440099 11,,664455 1 ,'796 529 377 853 11,,556666 3,058 Deferred availability cash items 8,963 309 756 273 264 1,831 733 663 509 371 1,141 829 I ,284 Other liabilities and accrued dividends 1 2,301 107 750 7788 113388 118877 61 331188 66 34 116 156 290 TOTAL LIABILITIES 187,181 10,094 58,386 66..889900 1100,,440011 1177..663300 5,372 ""••2244..552288"" 5,706 2,899 9,456 12,171 23,648 CAPITAL ACCOUNTS Capital paid in 1,498 41 367 77 102 72 126 193 41 53 69 112 245 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 33JJJJ__ 15 up 14_ 1199 2233 1100__ 4422__ 99 55 1155 2266 4J TOTAL LIABILITIES AND CAPITAL ACCOUNTS 190,475 10,190 59,220 7.052 10,623 17.799 5,630 24,955 5,796 3,008 9.608 12,417 24,177 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 163.081 10,399 54.350 8,668 10,053 16.205 6,106 24,234 5,816 2,765 10,200 11,656 22,629 Less- Held by F.R. Banks 29.464 1,486 5.837 2.950 1.168 2.002 3.173 2,483 1,214 648 2,854 2,036 3,613 F. R. notes, net 153.617 8,913 48,513 5,718 8.885 " 14,203 2,933""" 21,751~ 4,602 2,117 7,346 9,620 19,016 Collateral held against F.R. notes: Gold certificate account 11.114 Special Drawing Rights certif. acct. 4.618 Other eligible assets - 0 - U.S. govt, and agency securities 137.885 Total collateral 153,617 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (Richmond District) . Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis