H.4.1 Factors Affecting Reserve Balances of Depository Institutions

\QLSOy* FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Insitutions and Condition Statement of F.R. Banks H.4.1 For release at A: 30 p.m. Eastern time May 3, 1984 [ Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, Week ended Change from week ended 1 Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss May 2, April 25, May 4, May 2, IQfiA TQftA iQfn IQftA Reserve Bank credit: 1» 2 181,752 1+ 4,074 1 + 19,528 1 184,658 U.S. government securities- Bought outright—system account 156,109 + 1,703 + 17,931 157,575 Held under repurchase agreements [ 5,406 1 + 3,148 + 3,594 6,139 Federal agency obligations- Bought outright 8,556 ! : - 352 8,556 Held under repurchase agreements 230 83 + 116 322 Acceptances- Bought outright — — — — Held under repurchase agreements 267 + 95 - 99 224 Loans to depository institutions 1,029 684 + 104 807 Includes: seasonal borrowing of 157 + 9 + 56 166 extended credit of 70 + 19 - 423 46 Float 566 268 - 1,702 1,261 Other F.R. assets 9,589 4- 162 - 64 9,774 Gold stock 11,108 1 - 27 11,107 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 15,939 + JL2 + 666 15,949 Total factors supplying reserve funds 213,417 •1- 4,0"85 + 20,167 216,332 Currency in circulation* 170,459 261 1 + 13,214 170,944 Treasury cash holdings* 534 + 6 + 8 534 Deposits, other than reserve balances, with F.R. Banks: Treasury 15,467 + 6,860 + 9,614 16,436 ' Foreign 234 + 27 „ 24 192 Service-related balances and adjustments 3 1,337 288 + 692 1,134 Other 378 + 25 «. 322 562 Other F.R. liabilities and capital 6,296 + 170 + 1,123 6,079 Total factors, other than reserve balances, absorbing reserve funds 194,705 + 6,539 + 24,305 195,881 Reserve balances with F.R. Banks * 18,711 1 2,455 [ -. 4,140 1 20,451 On Hay 2, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 115,369 million, an increase of $1,176 million for the week. 1 Net of $ 2,938 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,938 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 1,517 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,517 million was with foreign official and international accounts. Includes $ 324 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,134 million and adjustments of $ 203 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 May 2, 1984 April 25, 1984 May 4, 1983 ASSETS Gold certificate account 11,107 - 2 28 Special Drawing Rights certificate account 4,618 — — Coin 476 - 12 + 10 Loans 807 - 5,527 + 9 Acceptances— Held under repurchase agreements 224 - 125 + 224 Federal agency obligations- Bought outright 8,556 — - 352 Held under repurchase agreements'! 322 - 3 + 322 U.S. government securities: Bought outright—Bills 71,644 + 2,758 +14,495 Notes 64,127 — + 1,940 Bonds 2211,,880044 — + 2,809 Total bought outright2 115577,,557755 + 2,758 +19,244 Held under repurchase agreements'! 6,139 + 2,625 + 6,139 Total U.S. government securities 163,714 + 5,383 +25,383 Total loans and securities 173,623 - 272 +25,586 Cash items in process of collection (2,931) 9,907 + 1,551 + 165 Bank premises 549 + 1 4 Other assets 3 9,225 + 117 + 171 TOTAL ASSETS ((22,,993311)) 209,505 + 1,383 +25,900" LIABILITIES Federal Reserve notes 156,005 + 325 +12,155 Deposits: Depository institutions 21,585 _ 2,233 - 1,238 U.S. Treasury—general account 16,436 + 2,391 +12,393 Foreign—official accounts 192 - 59 25 Other 562 + 243 + 6 Total deposits 38,775 + 342 +11,136 Deferred availability cash items (2,931) 8,646 + 644 + 1,302 Other liabilities and accrued dividends* 2,841 + 181 + 1,145 TOTAL LIABILITIES (2,931) 206,267 + 1,492 +25,738 CAPITAL ACCOUNTS Capital paid in 1,521 + 3 + 113 Surplus 1,465 — + 106 Other capital accounts 252 - 112 57 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 $ 2,414 million was outstanding at the end of the latest statement week. Net of $ 1*517 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 324 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, May 2, 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 717 224 15,243 + 8,172 363 97 16 days to 90 days 90 — 33,596 - 2,681 635 + 18 91 days to 1 year — — 45,379 - 586 1,751 + 76 Over 1 year to 5 years — — 36,267 + 478 4,409 „ Over 5 years to 10 years — — 14,322 — 1,321 — Over 10 years -~ — 18,907 — 399 — Total 807 224 163,714 + 5,383 8,878 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 May 2, 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 11,107 599 3,368 515 617 969 360 1,510 357 160 608 726 1,318 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 476 26 29 17 38 56 45 27 30 22 48 28 110 Loans 807 25 11 45 9 109 63 120 53 59 201 91 21 Acceptances held under repurchase agreements 224 — 224 — — — — — — — — — — 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 1 322 — 322 — — — — — — — — — — U.S. government securities: Bought outright-Bills 71,644 3,606 24,052 2,407 3,967 5,971 1,702 9,781 2,055 964 3,415 4,539 9,185 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 2 157,575 7,930 52,900 5,293 8,725 13,133 3,743 21,513 4,521 2,121 7,510 9,982 20,204 Held under repurchase agreements 1 6,139 — 6,139 — — — — — — — — — — Total U.S. government securities 163,714 7,930 59,039 5,293 8,725 13,133 3,743 21,513 4,521 2,121 7,510 9,982 20,204 Total loans and securities 173,623 8,386 62,468 5,625 9,208 13,955 4,009 22,801 4,820 2,295 8,119 10,615 21,322 Cash items in process of collection 12,838 506 986 490 330 2,572 929 961 632 560 1,536 1,353 1,983 Bank premises 549 96 25 50 27 105 36 20 16 26 25 18 105 Other assets 3 9,225 319 2,587 330 490 559 476 1,122 232 202 382 1,363 1,163 Interdistrict settlement account -0- + 1,014 + 2,496 47 291 - 372 + 243 941 270 - 232 - 1,293 - 1,120 + 813 TOTAL ASSETS 212,436 11,187 73,294 7,205 10,721 18,252 6,259 26,146 5,987 3,094 9,666 13,293 27,332 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 $ 2,414 million was outstanding at the end of the latest statement week. 2 Net of $ 1,517 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 324 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 Hay 2» l98A Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 156,005 9,613 48,624 5,887 9,262 14,227 3,134 22,077 4.765 2,077 7,151 10,158 19,030 Deposits: Depository institutions 21,585 858 4,842 610 809 1,159 2,040 2,374 474 370 770 1,779 5,500 U.S. Treasury—general account 16,436 16,436 Foreign-official accounts 192 4 79 7 10 8 12 20 4 5 7 11 25 Other 562 1 428 1 29 1 94 1 1 2 1 3 Total deposits 38,775 863 21,785 617 820 1,196 2,053 2,488 479 376 779 1,791 5,528 Deferred availability cash items 11,577 497 801 461 292 2,466 758 835 588 497 1,474 953 1,955 Other liabilities and accrued dividends 1 2,841 119 1,239 82 134 198 62 332 68 37 114 149 307 TOTAL LIABILITIES 209,198 11,092 72,449 7,047 10,508 18,087 6,007 25,732 5.900 2,987 9,518 13,051 26,820 CAPITAL ACCOUNTS Capital paid in 1,521 42 379 78 102 73 127 194 41 53 70 116 246 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 252 13 109 9 10 18 3 28 6 3 10 18 25 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 212,436 11,187 73,294 7,205 10,721 18,252 6,259 26,146 5.987 3,094 9,666 13,293 27,332 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 184,738 11,037 54,598 8,715 10,388 16,160 555,,,999666333 222444,,,333999333 555...999111999 222,,,777888333 111000,,,222555444 111222,,,000444888 22,481 Less-Held by F.R. Banks 28,734 1.424 5,974 2,828 1,126 1,933 222,,,888222999 222...333111666 111,,,111555444 777000666 333,,,111000333 111,,,888999000 3,451 F.R. notes, net 156,005 99,,661133 4488,,662244 55,,888877 99,,226622 1144,,222277 333,,,111333444 222222...000777777 444,,,777666555 222,,,000777777 777,,,111555111 111000,,,111555888 19,030 Collateral held against F.R. notes: Gold certificate account 11,107 Special Drawing Rights certif. acct. 4,618 Other eligible assets - 0 - U.S. govt, and agency securities 140,280 Total collateral 156,005 1 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