H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE '••SxrssvT-" 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 U* 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 I April 11, April 4, 1 April 13, April 11, IQflA ^QRL 19?n 1984 Reserve Bank credit: 1. 2 | 171,499 ! + 1,712 | + 13,942 171,860 U.S. government securities- Bought outright—system account 151,112 + 670 + 14,536 150,972 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 8,557 - 1 355 8,556 Held under repurchase agreements — — — Acceptances- Bought outright — — _„. Held under repurchase agreements — — Loans to depository institutions 1,513 + 399 + 931 2,425 Includes: seasonal borrowing of 121 - 21 + 49 124 extended credit of 37 + 1 316 34 Float 1,336 + 629 907 763 Other F.R. assets 8,981 + 15 263 9,144 Gold stock 11,111 — 27 11,109 Special Drawing Rights certificate account 4,618 «... „«. 4,618 Treasury currency outstanding 15,901 + 10 + 669 15,903 Total factors supplying reserve funds 203,129 + 1,723 + 14,584 203,490 Currency In circulation* 170,362 + 1,336 + 13,105 170,991 Treasury cash holdings* 515 + 8 + 2 520 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,098 - 656 + 89 2,827 Foreign 208 - 28 31 217 Service-related balances and adjustments 3 1,542 - 135 + 926 1,133 Other 429 - 107 193 421 Other F.R. liabilities and capital 6,313 + 439 + 1,430 5,623 Total factors, other than reserve balances, absorbing reserve funds 182,466 + 857 + 15,327 181,732 Reserve balances with F.R. Banks 4 20,664 + 866 740 21,758 On April 11, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 115,738 million, an increase of $ 810 million for the week. 1 Net of $ 3,501 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,501 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,769 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,769 million was with foreign official and international accounts. Includes $ 241 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,133 milHon and adjustments of $ 409 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 ** WWeeddnneessddaayy Wednesday Wednesday April 11, 1984 April 4, 1984 April 13, 1983 ASSETS Gold certificate account 11,109 - 2 28 Special Drawing Rights certificate account 4,618 — — Coin 514 — + 61 Loans 2,425 + 1,837 + 1,906 Acceptances- — — — Held under repurchase agreements Federal agency obligations- Bought outright 8,556 - 2 - 352 Held under repurchase agreements1 — — — U.S. government securities: Bought outright—Bills 66,524 - 55 +12,287 Notes 62,921 + 734 Bonds 2211,,552277 — + 2,532 Total bought outright^ 115500,,997722 - 55 +15,553 Held under repurchase agreements'* — — — Total U.S. government securities 150,972 - 55 +15,553 Total loans and securities 161,953 + 1,780 +17,107 Cash items in process of collection (2,187) 8,139 „ 2,097 - 1,543 Bank premises 549 — 3 Other assets 3 8,595 + 121 - 207 TOTAL ASSETS ((22,,118877)) 195,477 Z_ 198 +15.387 LIABILITIES Federal Reserve notes 156,122 + 1,278 +12,718 Deposits: Depository institutions 22,891 + 3,018 + 2,378 U.S. Treasury—general account 2,827 «. 1,874 696 Foreign—official accounts 217 + 17 + 5 Other 421 36 - 130 Total deposits 26,356 +"1 ,125 + 1,557 Deferred availability cash items (2,187) 7,376 2,526 + 253 Other liabilities and accrued dividends* 2,330 _ 10 + 635 TOTAL LIABILITIES (2,187) 192,184 ~ 133 +15,163 CAPITAL ACCOUNTS Capital paid in 1,514 + 13 + 119 Surplus 1,465 + 106 Other capital accounts 314 - 78 1 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 $ 3,769 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 241 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 $ 54 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 11, 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 2,351 — 4,29^ - 898 256 + 219 16 days to 90 days 74 — 34,153 + 638 666 - 215 91 days to 1 year — — 44,793 + 205 1,680 - 21 Over 1 year to 5 years — — 34,906 — 4,191 + 15 Over 5 years to 10 years — — 14,196 — 1,360 — Over 10 years 2z _"— 18,630 — 403 — Total 2,425 150,972 55 8,556 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 11, 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 11,109 927 3,046 541 659 913 371 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 30 32 20 42 60 50 29 30 24 48 33 116 Loans 2,425 11 1,530 42 10 117 36 211 31 38 159 194 46 Acceptances held under repurchase agreements — "•"" — — — — — — — — — Federal agency obligations: Bought outright 8,556 401 2,801 285 507 711 207 1,179 243 105 440 592 1,085 Held under repurchase agreements 1 — — — — — — — — — — ~ — — U.S. government securities: Bought outright-Bills 66,524 3,120 21,781 2,219 3,942 5,524 1,613 9,167 1,886 815 3,420 4,602 8,435 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 2 150,972 7,081 49,430 5,036 8,945 12,537 3,661 20,805 4,279 1,848 7,760 10,446 19,144 Held under repurchase agreements 1 — — — — — — — — — — — Total U.S. government securities 150,972 7,081 49,430 5,036 8,945 12,537 3,661 20,805 4,279 1,848 7,760 10,446 19,144 Total loans and securities 161,953 7,493 53,761 5,363 9,462 13,365 3,904 22,195 4,553 1,991 8,359 11,232 20,275 Cash items in process of collection 10,326 284 1,267 531 244 2,164 597 609 633 415 1,258 728 1,596 Bank premises 549 96 25 50 27 105 35 20 16 26 25 18 106 Other assets 3 8,595 i 285 2,221 329 487 5L8 445 1,113 225 196 379 1,262 1,135 Interdistrict settlement account -0- + 1.473 839 + 202 254 + 996 + 143 - 910 + 38 + 399 - 1,222 - 1,258 + 1,232 TOTAL ASSETS 197,664 10,829 60,848 7,261 10,969 18,529 5.706 25,206 6,133 3,255 9,693 13,075 26,160 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 $ 3,769 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 241 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 $ 54 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 11,1984 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 156,122 9,350 48,906 5,733 9,211 14,475 2,919 22,105 4,762 2,114 7,347 9,921 19,279 Deposits: Depository institutions 22,891 933 6,250 922 1,160 1,494 1,814 1,714 645 571 837 2,050 4,501 U.S. Treasury—general account 2,827 — 2,827 — — — — — — — — — Foreign-official accounts 217 4 104 7 10 8 12 20 4 5 7 11 25 Other 421 1 313 — — 36 1 61 1 22 22 4 Total deposits 26,356 938 9,494 929 1,170 1,538 1,827 1,795 650 117766 884466 22,,006633 4,530 Deferred availability cash items 9,563 338 861 356 227 2,156 638 557 564 422 1,231 684 1,529 Other liabilities and accrued dividends 1 2,330 106 769 78 139 189 61 321 67 33 116 158 293 TOTAL LIABILITIES 194,371 10,732 60,030 7,096 10,747 18,358 5,445 24,778 6,043 3,145 9,540 12,826 25,631 CAPITAL ACCOUNTS Capital paid in 1,514 41 379 77 102 73 127 193 41 53 69 113 246 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 314 16 82 17 19 Ik 12 43 9 6 16 28 42 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 197,664 10,829 60,848 7,261 10,969 18,529 5,706 25,206 6,133 3,255 9,693 13,075 26,160 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 183,744 10,724 54,477 8,643 10,259 16,323 5,768 24,307 5,835 2,750 10,217 11,774 22,667 Less-Held by F.R. Banks 2277,,662222 1,374 5,571 2,910 1,048 11,,884488 22,,884499 22,,220022 11,,007733 663366 22,,887700 11,,885533 3,388 F.R. notes, net 115566,,ff2222 "" 9,350 48,906" 5,733 9,2Tl 1144,,447755 22,,991199 2222,,110055 44,,776622 22,,111144 77,,334477 99,,992211 19,279 Collateral held against F.R. notes: Gold certificate account 11,109 Special Drawing Rights certif. acct. 4,618 Other eligible assets - 0 - U.S. govt, and agency securities 140,395 Total collateral 156,122 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