H.4.1 Factors Affecting Reserve Balances of Depository Institutions

voS^;,:-. FEDERAL RESERVE •f^^T- 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 April 5, 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 April 4, March 28, April 6, April 4, 1Qfi4 1Q84 1Qft3 1984 Reserve Bank credit: 1- 2 169,787 + 831 +12,023 169,530 U.S. government securities- Bought outright—system account 150,442 + 1,819 +14,046 151,027 Held under repurchase agreements — 997 — ~ Federal agency obligations- Bought outright 8,558 — 357 8,558 Held under repurchase agreements __ 140 __ — Acceptances- Bought outright ~ — __ — Held under repurchase agreements — 59 — — Loans to depository institutions 1,114 81 648 588 Includes: seasonal borrowing of 142 18 + 62 12 4 extended credit of 36 + 6 292 38 Float 707 + 226 854 334 Other F.R. assets 8,966 + 64 163 9,023 Gold stock 11,111 3 27 11,111 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 15,891 + 12 + 672 15,901 Total factors supplying reserve funds 201,406 + 840 +12,667 " 201,160 Currency in circulation* 169,026 + 763 +12,920 169,719 Treasury cash holdings* 507 + 13 + 2 513 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,754 604 107 4,701 Foreign 236 + 26 64 200 Service-related balances and adjustments 3 1,672 + 124 + 1,062 1,128 Other 536 1 80 457 Other F.R. liabilities and capital 5,874 + 42 + 910 5,698 Total factors, other than reserve balances, absorbing reserve funds 181,604 + 362 +14,643 182,416 Reserve balances with F.R. Banks 4 19,803 + 478 - 1,977 18,745 On April 4, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 114,928 million, a decrease of $ 2,637million for the week. 1 Net of $ 3,742 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,742 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,394 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,394 million was with foreign official and international accounts. Includes $ 363 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,128 million and adjustments of $ 544 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 IF EDERAL RESERVE BANKS Millions of dollars Change since ** WWeeddnneessddaayy Wednesday v\ecLiesaay April 4, 1984 March 28, 1984 April 6, 1983 ASSETS Gold certificate account 11,111 - 3 27 Special Drawing Rights certificate account 4,618 — — Coin 514 - 1 + 53 Loans 588 - 130 299 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,558 — 357 Held under repurchase agreements1 — — — U.S. government securities: Bought outright—Bills 66,579 + 5,357 +10,970 Notes 62,921 — + 734 Bonds 2211,,552277 — + 2,532 Total bought outright2 115511,,002277 + 5,357 +14,236 Held under repurchase agreements1 — — — Total U.S. government securities 151,027 + 5,357 +14,236 Total loans and securities 160,173 + 5,227 +13,580 Cash items in process of collection (2,139) 10,236 + 2,055 + 115 Bank premises 549 — 3 Other assets 3 (2,139) 8,474 - 53 254 TOTAL ASSETS 195,675 + 7,225 +13,464 LIABILITIES Federal Reserve notes 154,844 + 1,227 +11,940 Deposits: Depository institutions 19,873 + 2,107 - 2,535 U.S. Treasury—general account 4,701 + 863 + 308 Foreign—official accounts 200 + 13 + 6 Other 457 _ 49. 65 Total deposits " 25,231 +"2 ,934 - 2,286 Deferred availability cash items (2,139) 9,902 + 2,961 + 2,875 Other liabilities and accrued dividends* 2,340 + 39 + 619 TOTAL LIABILITIES (2,139) 192,317 + 7,161 +13,148 CAPITAL ACCOUNTS Capital paid in 1,501 + 3 + 107 Surplus 1,465 — + 106 Other capital accounts 392 + 61 + 103 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 International accounts of which $ -0- million was outstanding at the end of the latest statement week. Net of $ 3,394 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 363 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 $ 57 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, April 4, 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 obi igations LLooaannss AAcccceeppttaanncceess Holdings Weekly changes Holdings Weekly changes Within 15 days 519 — 5,192 + 147 37 _ 151 16 days to 90 days 69 — 33,515 + 4,197 881 + 118 91 days to 1 year — — 44,588 + 629 1,701 + 33 Over 1 year to 5 years — — 34,906 + 384 4,176 — Over 5 years to 10 years — — 14,196 — 1,360 — Over 10 years — — 1188,,663300 — 440033 — Total 588 — 115511,,002277 + 5,357 88,,555588 — 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 April 4, 1984 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n is co ASSETS Gold certificate account 11,111 927 3,048 541 659 913 371 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 514 29 31 20 43 61 49 29 30 24 48 33 117 Loans 588 26 8 39 13 103 101 102 30 48 76 37 5 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 66,579 3,123 21,798 2,221 3,945 5,528 1,615 9,175 1,888 815 3,423 4,606 8,442 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 2 151,027 7,084 49,447 5,038 8,948 12,541 3,663 20,813 4,281 1,848 7,763 10,450 19,151 Held under repurchase agreements 1 — — — — -* — — — — — — — — Total U.S. government securities 151,027 7,084 49,447 5,038 8,948 12,541 3,663 20,813 4,281 1,848 7,763 10,450 19,151 Total loans and securities 160,173 7,511 52,257 5,362 9,468 13,355 3,972 22,094 4,554 2,001 8,279 11,079 20,241 Cash items in process of collection 10,236 358 583 395 295 2,096 796 812 641 460 1,376 831 1,593 Bank premises 549 96 25 50 27 105 35 20 16 26 25 18 106 Other assets 3 8,474 281 2,220 318 472 488 437 1,086 216 202 386 1,261 1,107 Interdistrict settlement account -0- + 1,204 + 624 + 64 932 + 552 + 335 - 894 73 + 237 - 1,080 - 1,456 + 1,419 TOTAL ASSETS 195,675 10,647 60,123 6,975 10,334 17,978 6,156 25,297 6,022 3,154 9,880 12,826 26,283 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»666 million was outstanding at the end of the latest statement week. 2 Net of $ 3,394 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 363 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 $ 57 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 APRIL 4 , 1984 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Cfty Dallas Francisco LLLLIIIIAAAABBBBIIIILLLLIIIITTTTIIIIEEEESSSS FFFFeeeeddddeeeerrrraaaallll RRRReeeesssseeeerrrrvvvveeee nnnnooootttteeeessss 154.844 9,177 48,509 5,b89 9,051 14,374 2.935 21,983 4.690 2,142 7,383 9,645 19,266 DDDDeeeeppppoooossssiiiittttssss:::: DDDDeeeeppppoooossssiiiittttoooorrrryyyy iiiinnnnssssttttiiiittttuuuuttttiiiioooonnnnssss 19,873 859 4,086 679 678 1,122 2,171 1,814 554 414 899 2,002 4,595 UUUU....SSSS.... TTTTrrrreeeeaaaassssuuuurrrryyyy----ggggeeeennnneeeerrrraaaallll aaaaccccccccoooouuuunnnntttt 4,701 4,701 FFFFoooorrrreeeeiiiiggggnnnn————ooooffffffffiiiicccciiiiaaaallll aaaaccccccccoooouuuunnnnttttssss 200 4 86 7 10 8 13 20 4 5 7 11 25 OOOOtttthhhh TTTT eeee oooo rrrr tttt aaaallll ddddeeeeppppoooossssiiiittttssss 25,2 4 3 5 1 7 864 1 9,2 3 0 3 9 6 686 689 1 1,16 3 7 7 2.184 1,90 7 8 4 558 441199 990088 2 22,,001166 3 4,623 3 DDDDeeeeffffeeeerrrrrrrreeeedddd aaaavvvvaaaaiiiillllaaaabbbbiiiilllliiiittttyyyy ccccaaaasssshhhh iiiitttteeeemmmmssss 9,902 400 791 354 228 2,074 711 647 616 444488 11,,331133 775577 1,563 OOOOtttthhhheeeerrrr lllliiiiaaaabbbbiiiilllliiiittttiiiieeeessss aaaannnndddd aaaaccccccccrrrruuuueeeedddd ddddiiiivvvviiiiddddeeeennnnddddssss 1111 2,340 108 768 80 141 191 60 325 66 3322 111188 115588 293 TTTTOOOOTTTTAAAALLLL LLLLIIIIAAAABBBBIIIILLLLIIIITTTTIIIIEEEESSSS 192,317 10,549 59,277 6,809 10,109 17,806 5.890 24,863 5,930 33..004411 99..772222 1122..557766 "25,745 CCCCAAAAPPPPIIIITTTTAAAALLLL AAAACCCCCCCCOOOOUUUUNNNNTTTTSSSS CCCCaaaappppiiiittttaaaallll ppppaaaaiiiidddd iiiinnnn 1,501 41 368 77 102 73 127 193 41 5533 6699 111122 245 SSSSuuuurrrrpppplllluuuussss 1,465 40 357 71 101 74 122 192 40 5511 6688 110088 241 OOOOtttthhhheeeerrrr ccccaaaappppiiiittttaaaallll aaaaccccccccoooouuuunnnnttttssss 392 17 121 18 22 25 17 49 11 99 2211 3300 52 TTTTOOOOTTTTAAAALLLL LLLLIIIIAAAABBBBIIIILLLLIIIITTTTIIIIEEEESSSS AAAANNNNDDDD CCCCAAAAPPPPIIIITTTTAAAALLLL AAAACCCCCCCCOOOOUUUUNNNNTTTTSSSS 195,675 10,647 60,123 6.975 10,334 17.978 6,156 25.297 6,022 3,154 9,880 12,826 26,283 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 183,452 111000,,,666000777 555444,,,333555777 888,,,777000888 111000,,,111222333 111666,,,222888999 555,,,999666999 222444,,,222777111 555,,,777999999 222...777555777 111000,,,222555666 111111,,,555999222 22.724 Less-Held by F.R. Banks 28,608 111,,,444333000 555,,,888444888 333,,,000111999 111,,,000777222 111,,,999111555 333,,,000333444 222,,,222888888 111...111000999 666111555 222...888777333 111,,,999444777 3 458 F.R. notes, net j 154,844 999,,,111777777 444888,,,555000999 555,,,666888999 999,,,000555111 111444,,,333777444 222,,,999333555 222111,,,999888333 444,,,666999000 222,,,111444222 777,,,333888333 999,,,666444555 19.266 Collateral held against F.R. notes: Gold certificate account 11,111 Special Drawing Rights cert if. acet. 4,618 Other eligible assets ! -o- U.S. govt, and agency securities ! 139,115 Total collateral 154,844 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