H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Insitutions and Condition Statement of F.R. Banks H.4.1 For release at4:30P.m. Eastern time April 26, 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 25, 2Tri~l 1 8, April 27 April 25, lQftA QflA s 1984 Reserve Bank credit:1» 2 177,608 + 6,095 + 18,008 183,905 U.S. government securities- Bought outright—system account 154,406 + 1,981 + 16,716 154,817 Held under repurchase agreements 2,258 + 2,258 + 1,725 3,514 Federal agency obligations- Bought outright 8,556 — 352 8,556 Held under repurchase agreements 313 + 313 + 301 325 Acceptances- Bought outright — — — Held under repurchase agreements 172 + 172 + 131 349 Loans to depository institutions 1,713 + 962 + 542 6,334 Includes: seasonal borrowing of 148 + 21 + 58 149 extended credit of 51 + 14 433 63 Float 764 + 146 960 354 Other F.R. assets 9,427 + 265 94 9,656 Gold stock 11,109 — 26 11,109 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 15,927 + 12 + 668 15,937 Total factors supplying reserve funds 209,262 + 6,107 + 18,650 215,569 Currency in circulation* 170,720 - 107 + 14,150 170,599 Treasury cash holdings* 528 + 7 + 9 530 Deposits, other than reserve balances, with F.R. Banks: Treasury 8,607 + 4,643 + 4,442 14,045 Foreign 207 ~ 10 46 251 Service-related balances and adjustments 3 1,625 + 100 + 996 1,136 Other 353 „ 36 283 319 Other F.R, liabilities and capital 6,108 + 290 + 1,093 6,007 Total factors, other than reserve balances, absorbing reserve funds 188,148 + 4,888 + 20,360 192,887 Reserve balances with F.R. Banks 4 21,114 + 1,219 1,708 22,682 On A. ?5» 198* , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and intern*- "»al accounts were $ 114,193 million, an increase of $ 142 million for the week. 1 Net of $4, o40 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,340 million was with foreign official and international accounts, includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,997 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,997 million was with foreign official and international accounts. Includes $ 15! million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,136 million and adjustments of $ 489 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 25, 1984 April 18, 1984 April 27, 1983 ASSETS Gold certificate account 11,109 — 26 Special Drawing Rights certificate account 4,618 — — Coin 488 - 15 + 44 Loans 6,334 + 5,663 + 2,261 Acceptances- Held under repurchase agreements 349 + 349 + 64 Federal agency obligations- Bought outright 8,556 — - 352 Held under repurchase agreements1 325 + 325 + 238 U.S. government securities: Bought outright—Bills 68,886 - 592 +12,692 Notes 64,127 + 1,940 Bonds 2211,,880044 — + 2,809 Total bought outright2 115544,,881177 - 592 +17,441 Held under repurchase agreements'! 3,514 + 3,514 218 Total U.S. government securities 158,331 + 2,922 +17,223 Total loans and securities 173,895 + 9,259 +19,434 Cash items in process of collection (2,481) 8,356 - 1,128 - 603 Bank premises 548 - 1 3 Other assets 3 9,108 + 314 - 107 TOTAL ASSETS ((22,,448811)) 208,122 +_8 ,429 +18,739 LIABILITIES Federal Reserve notes 155,680 _ 388 +12,839 Deposits: Depository institutions 23,818 + 2,541 - 2,383 U.S. Treasury—general account 14,045 + 6,368 + 7,242 Foreign—official accounts 251 + 68 + 57 Other 319 - 17 - 346 Total deposits 38,433 + 8.960 + 4,570 Deferred availability cash items ((22,,448811)) 8,002 479 + 317 Other liabilities and accrued dividends4 2,660 + 348 + 754 TOTAL LIABILITIES (2,481) 204,775 + 8,441 +18,480 CAPITAL ACCOUNTS Capital paid in 1,518 + i. + 111 Surplus 1,465 + 106 Other capital accounts _ ., ..,264. ., 1A- + 42 „ 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 $ 3,997million matched sale-purchase transactions outstanding at the end of the latest statement week. Inciudes $ 151 million securities loaned-fully secured by U.S. government securities. Inciudes 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, AP*il 25, 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 6,312 349 7,071 + 520 460 + 109 16 days to 90 days 22 36,277 + 54 617 + 46 91 days to 1 year — — 45,965 + 2,348 1,675 «. 5 Over 1 year to 5 years — 35,789 —. 4,409 + 218 Over 5 years to 10 years __ 14,322 —-. 1,321 — 39 Over 10 years — — 1188,,990077 -.-. 339999 4 Total 6,334 349 115588,,333311 + 2,922 88,,888811 ++~~~~ 325 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 Aprii 25, 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 11,109 599 3,370 515 617 969 360 1,510 357 160 608 726 1,318 Special Drawing Rights certif. acct. j 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 488 28 31 18 38 57 46 28 30 23 48 29 112 Loans 6,334 111 2,842 188 316 110 390 1,079 75 52 171 259 741 Acceptances held under repurchase agreements 349 — 349 — — — — — — — — — — Federal agency obligations: Bought outright 8,556 431 2,872 287 474 713 203 1,168 246 115 408 542 1,097 Held under repurchase agreements 1 325 — 325 — — — — — — — ~ — ~ U.S. government securities: Bought outright-Bills 68,886 3,467 23,126 2,315 3,814 5,741 1,637 9,404 1,975 928 3,283 4,364 8,832 Notes 64,127 3,227 21,528 2,154 3,551 5,345 1,523 8,755 1,840 863 3,056 4,062 8,223 Bonds 21,804 1,097 7,320 732 1,207 1,817 518 2,977 626 294 1,039 1,381 2,796 Total bought outright 2 154,817 7,791 51,974 5,201 8,572 12,903 3,678 21,136 4,441 2,085 7,378 9,807 19,851 Held under repurchase agreements 1 3,514 — 3,514 — — — — __ — — — — — Total U.S. government securities 158,331 7,791 55,488 5,201 8,572 12,903 3,678 21,136 4,441 2,085 7.378 9.807 19,851 Total loans and securities 173,895 8,333 61,876 5,676 9,362 13,726 4,271 23,383 4,762 2,252 7,957 10,608 21,689 Cash items in process of collection 10,837 483 743 454 280 2,464 827 696 621 446 1,211 865 1,747 Bank premises 548 95 25 50 27 105 36 20 16 26 25 18 105 Other assets 3 9,108 324 2,525 334 492 541 454 1,131 240 200 381 1.315 1,171 Interdistrict settlement account -0- + 1,247 + 1,882 + 183 - 449 - 159 + 188 - 1,845 - 253 + 68 - 817 304 + 259 TOTAL ASSETS 210,603 11,350 71,787 7,455 10,669 18,111 6,343 25,569 5,943 3,236 9,654 13,567 26,919 1 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 $ 3,997 miiiion matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 151 million securities ioaned-futly 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 APril 25» 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 155,680 9,515 48,407 5.925 9,211 14,246 3,234 21,897 4,735 2,051 7,197 10,069 19.193 Deposits: Depository institutions 23,818 1,098 6,273 789 849 1,114 2,069 2,199 511 507 990 2,309 5.110 U.S. Treasury-general account 14,045 — 14,045 — — — — — — — — Foreign—official accounts 251 4 137 7 10 8 13 20 4 5 7 11 25 Other 319 2 230 — 1 20 1 57 — — 2 2 4 Total deposits 38,433 1,104 20,685 796 860 1,142 " 2,083 "2,276 "515 512 999 2,322 5,139 Deferred availability cash items 10,483 511 802 487 238 2,351 701 627 532 527 1,190 771 1,746 Other liabi ities and accrued dividends 1 2,660 120 1,029 83 138 201 64 339 70 3366 111155 115544 311 TOTAL LIABILITIES 207,256 11,250 70,923 7,291 10,447 17,940 6,082 25,139 5,852 ""33,,112266 99,,550011 1133,,331166 26,389 CAPITAL ACCOUNTS Capital paid in 1,518 42 379 77 102 73 127 194 41 53 70 114 246 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 364 18 128 16 19 24 12 44 10 6 15 29 43 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 210,603 11,350 71,787 7,455 10,669 18,111 6,343 25,569 5.943 3.236 9,654 13,567 26,919 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 184,534 10,903 54,417 8,776 10,362 16,230 6,184 24,121 5,944 2,773 10,243 11,973 22,608 Less-Held by F.R. Banks 28.854 1,388 6,010 2,851 1,151 1,984 2,950 2,224 1,209 722 3,046 1,904 3,415 F.R. notes, net ""155,680 9,515 48,407 5,925 9,211 14,246 3,234 21.897 4,735 2,051 7,197 10,069 19,193 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 139,953 Total collateral 155,680 1 includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. 2 Effective October 12, 1983 Federal Reserve notes are collateralized in the aggregate, rather than Bank by Bank. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis