H.4.1 Factors Affecting Reserve Balances of Depository Institutions

>of£owi FEDERAL RESERVE ?OT^- 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 19, 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 18, [A pprriill 1111,, AApprriill 2200,, ! April 18, IQftA 11998844 :: 11998833 1 1984 Reserve Bank credit:1- 2 171,513 i+~ 6 + 11,087 174,982 U.S. government securities- Bought outright—system account 152,425 + 1,313 + 13,578 155,409 Held under repurchase agreements — — — — Federal agency obligations— Bought outright 8,556 ! - 1 - 352 8,556 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 751 - 762 + 85 671 Includes: seasonal borrowing of 127 + 6 + 50 138 extended credit of 37 — - 368 38 Float 618 - 726 - 1,956 1,003 Other F.R. assets 9,162 + 181 - 269 9,343 Gold stock 11,109 - 2 - 28 11,109 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 15,915 + 12 + 669 15,925 Total factors supplying reserve funds 203,155 + 16 + 11,728 206,634 Currency in circulation* 170,827 + 464 + 13,725 170,962 Treasury cash holdings* 521 + 6 + 6 528 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,964 + 866 + 697 7,677 Foreign 217 + 9 - 19 183 Service-related balances and adjustments 3 1,525 - 17 + 893 1,138 Other 389 - 40 - 247 336 Other F.R. liabilities and capital 5,818 - 495 + 800 , 5,671 Total factors, other than reserve balances, absorbing reserve funds 183,260 + 793 + 15,854 186,495 Reserve balances with F.R. Banks 4 19,895 - 777 - 4,125 20,139 On April 18, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 114,051 million, a decrease of $1,687 million for the week. 1 Net of $ 3,263 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $3,263 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 1,469 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,469 million was with foreign official and international accounts. Includes $ 197 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,138 million and adjustments of $ 387 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 18, 1984 April 11, 1984 April 20, 1983 ASSETS Gold certificate account 11,109 — 28 Special Drawing Rights certificate account 4,618 — — Coin 503 11 + 55 Loans 671 - 1,754 - 592 Acceptances- Held under repurchase agreements — — Federal agency obligations- Bought outright 8,556 — 352 Held under repurchase agreements1 — — — U.S. government securities: Bought outright—Bills 69,478 + 2,954 +11,761 Notes 64,127 + 1,206 + 1,940 Bonds 21,804 + 277 + 2,809 Total bought outright2 155,409 + 4,437 +16,510 Held under repurchase agreements'* — — — Total U.S. government securities 155,409 + 4,437 +16,510 Total loans and securities 164,636 + 2,683 +15,566 Cash items in process of collection (52,927) 9,484 + 1,345 - 702 Bank premises 549 — 3 Other assets 3 8,794 + 199 - 146 TOTAL ASSETS ((5522,,992277]] ) 199,6^3 + j^216 +14,742^ LIABILITIES Federal Reserve notes 156,068 54 +13,162 Deposits: Depository institutions 21,277 - 1,614 - 3,048 U.S. Treasury—general account 7,677 + 4,850 + 3,081 Foreign—official accounts 183 34 37 Other (50,326> ) 336 85 281 Total deposits (50,326, ) 29,473 + 3,117 285 Deferred availability cash items ( 2,60i:) 8,481 + 1,105 + 1,012 Other liabilities and accrued dividends4 2,312 18 + 564 TOTAL LIABILITIES (52,927] ) 196,334 + 4,150 +14,453 CAPITAL ACCOUNTS Capital paid in 1,516 + 2 + 118 Surplus 1,465 — + 106 Other capital accounts 378 + 64 + 65 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 $ 2,770 million was outstanding at the end of the latest statement week. Net of $1,469 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 197 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, APRIL 18, 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 634 — 6,551 +2,257 351 +95 16 days to 90 days 36 — 36,223 +2,070 571 -95 91 days to 1 year — — 43,617 -1,176 1,680 — Over 1 year to 5 years — — 35,789 + 883 4,191 — Over 5 years to 10 years — — 14,322 + 126 1,360 -— Over 10 years — — 18,907 + 277 403 — Total 670 — 155,409 +4,437 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 18, 1984 Millions ot oouars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco 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 503 29 32 20 40 59 47 30 30 23 49 31 113 Loans 671 52 5 31 4 158 52 80 38 37 180 29 5 Acceptances held under repurchase agreements — — — — — — — — — — — — — Federal agency obligations: Bought outright 8,556 401 2,801 285 507 710 208 1,179 243 105 440 592 1,085 Held under repurchase agreements 1 — — — — — — — — — — — — — U.S. government securities: Bought outright-Bills 69,478 3,259 22,748 2,318 4,117 5,769 1,685 9,575 1,969 850 3,571 4,807 8,810 Certificates: Special Other Notes 64,127 3,008 20,996 2,139 3,799 5,325 1,555 8,837 1,818 785 3,296 4,437 8,132 Bonds 21,804 __ 1,02 2 __7_ 1 m 728 1,292 1,811 528 3,005 618 267 1,121 1,509 2,765 Total bought outright 2 155,409 . 7,289 50,882 5,185 9,208 12,905 3,768 21,417 4,405 1 ,902 7,988 10,753 19,707 Held under repurchase agreements 1 — — — — — — — — __ __ __ — __ Total U.S. government securities _JA5 L 409 J __7»289__~ 50,882" 5,185 4,208 12,905 3,768 21,417 4,405 ~T ,902 7,988 10,753 r9~77oT~ Total loans and securities 164,636 7,742 53,688 5,501 9,719 13,773 4,028 22,676 4,686 2 ,044 8,608 11,374 20,797 Cash items in process of collection 62,411 50,842 985 882 285 2,410 747 862 696 436 1,346 844 2,076 Bank premises 549 96 25 50 27 105 35 20 16 26 25 18 106 Other assets 3 8,794 2 93 2,310 346 503 523 446 1,118 223 206 386 1,259 1,181 Interdistrict settlement account -0- ++ 11 ,,22 3366 +2,883 - 479 - 742 + 69 - 289 - 811 - 237 + 135 -1,694 -1,225 +1,154 TOTAL ASSETS " 2 52", 620 ""66TT..440066 "" "64 7304 " 7 ,086 10,793 18,260 5,546 26,045 6,052 3 ,074 9,566 13,361 2 7,127 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 $ 2 ,770 million was outstanding at the end of the latest statement week. 2 Net of $ 1,469 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 197 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. * Less than $500,000, 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 18, 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 156,068 9,535 48,923 5,736 9,280 14,439 2,734 22222222,,,,222211119999 4444,,,,777744449999 2222,,,,111122223333 7777,,,,222244445555 9999,,,,999999996666 19,089 Deposits: Depository institutions 21,277 753 4,912 594 825 1,018 1,749 2222,,,,222277776666 444488888888 333377771111 777700001111 2222,,,,111133338888 5,452 U.S. Treasury—general account 7,677 7,677 Foreign—official accounts 183 4 70 7 10 8 12 22220000 4444 5555 7777 11111111 25 Other 50,662 50,327 238 1 1 34 1 55555555 2222 3 Total deposits 79,799 51,084 12,897 602 836 1,060 1,762 2222,,,,333355551111 444499992222 333377776666~~~~"""" 777711110000 22227777111144449999 5,480 Deferred availability cash items 11,082 584 847 507 317 2,401 727 777722224444 666655556666 444433331111 1111,,,,333344441111 888800009999 1,738 Other liabilities and accrued dividends 1 2,312 108 750 78 138 189 61 333322222222 66665555 33334444 111111118888 111155558888 291 TOTAL LIABILITIES 249,261 61,311 63,417 6,923 10,571 18,089 5,284 22225555,,,,666611116666 5555,,,,999966662222 2222,,,,999966664444 9999,,,,444411114444 11113333,,,,111111112222 26,598 CAPITAL ACCOUNTS Capital paid in 1,516 41 379 77 102 73 127 111199994444 44441111 55553333 66669999 111111114444 246 Surplus 1,465 40 357 71 101 74 122 111199992222 44440000 55551111 66668888 111100008888 241 Other capital accounts 378 14 151 15 19 24 13 44443333____ 9999____ 6666 11115555 ____22227777 42 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 252,620 61,406 64,304 7,086 10,793 18,260 5,546 22226666,,,,000044445555 6666,,,,000055552222 3333,,,,000077774444 9999,,,,555566666666 11113333,,,,333366661111 27,127 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 184,269 10,894 54,753 888,,,555888666 111000,,,333777777 111666,,,333666777 5,657 24,395 5,940 2,742 111000,,,111888444 111111,,,888888333 22,491 Less-Held by F.R. Banks 28,201 1,359 5.830 222,,,888555000 111,,,000999777 111,,,999222888 2,923 2,176 1,191 619 222,,,999333999 111,,,888888777 3,402 F.R. notes, net 156.068 99,,553355 4488,,992233 555,,,777333666 999,,,222888000 111444,,,444333999 22,,773344 2222,,221199 44,,774499 22,,112233 777,,,222444555 999,,,999999666 19,089 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 140,341 Total collateral 156,068 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