H.4.1 Factors Affecting Reserve Balances of Depository Institutions

ifei; FEDERAL RESERVE •SSnss^ Factors Affecting Reserve Balances of Depository Insitutions and Condition Statement of F.R. Banks For release at 4:30 Eastern Time H.4.1 Thursday, May 24, 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 May 23, May 16, 1 May 25, May 23, 1984 1984 1Qfi1 1984 Reserve Bank credit:1*2 U.S. government securities- 169,177 - 5,712 + 9,461 171,438 Bought outright—system account 148,520 - 4,086 + 8,120 151,148 Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,516 — - 392 8,516 Held under repurchase agreements — ..— — Acceptances- Bought outright — — — — Held under repurchase agreements — «~- — — Loans to depository institutions 3,746 - 867 + 2,795 3,225 Includes: seasonal borrowing of 204 + 17 + 100 209 extended credit of 16 35 - 495 13 Float 454 + 429 - 1,172 432 Other F.R. assets 7,941 - 1,188 + 110 8,117 Gold stock 11,106 1 26 11,104 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 15,975 + 12 + 659 15,985 Total factors supplying reserve funds 200,875 - 5,701 +10,093 203,145 Currency in circulation** 171,776 342 +13,243 172,047 Treasury cash holdings** 548 + 2 + 15 544 Deposits, other than reserve balances, with F.R. Banks: Treasury 4,020 + 499 + 1,054 2,594 Foreign 237 + 7 + 23 212 Service-related balances and adjustments 3 1,600 + 220 + 898 1,137 Other 441 70 94 407 Other F.R. liabilities and capital 5,915 + 138 + 930 5,750 Total factors, other than reserve balances, absorbing reserve funds 184,537 + 454 +16,068 182,691 Reserve balances with F.R. Banks 4 16,338 - 6,155 - 5,974 20,454 On May 23, 1984, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $113,650 million, a decrease of $728 million for the week. 1 Net of $6,425 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,350 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,791 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,791 million was with foreign official and international accounts. Includes $ 878 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,137 million and adjustments of $ 463 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated ** 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 23, 1984 May 16, 1984 May 25, 1983 ASSETS Gold certificate account 11,104 3 28 Special Drawing Rights certificate account 4,618 —— —"• Coin 469 - 5 + 43 Loans 3,225 - 2,234 + 1,677 Acceptances- — — — Held under repurchase agreements Federal agency obligations- Bought outright 8,516 —- 392 Held under repurchase agreements1 — — — U.S. government securities: Bought outright—Bills 65,217 + 1,731 + 6,852 Notes 63,870 — .+ 763 Bonds 2222,,006611 — +2,783 Total bought outright* 115511,,114488 + 1,731 +10,398 Held under repurchase agreements'* — — — Total U.S. government securities 151,148 + 1,731 +10,398 Total loans and securities 162,889 - 503 +11,683 Cash items in process of collection (2,136, ) 7,352 - 1,083 - 1,445 Bank premises 555 — + 2 Other assets 3 7,562 + 132 + 15 TOTAL ASSETS ((22,,113366 ) 194,549 - 1,462 +10,270 LIABILITIES Federal Reserve notes 157,075 - 113 +12,276 Deposits: Depository institutions 21,591 + 2,363 - 2,792 U.S. Treasury—general account 2,594 - 2,502 - 215 Foreign—official accounts 212 17 28 Other 407 86 - 271 Total deposits 24,804 242 - 3,306 Deferred availability cash items (2,136) 6.920 - 1,294 + 348 Other liabilities and accrued dividends4 2,382 + 189 + 684 TOTAL LIABILITIES (2,136) 191,181 - 1,460 +10,002 CAPITAL ACCOUNTS Capital paid in 1,529 «._ + 116 Surplus 1,465 —. + 106 Other capital accounts 374 2 + 46 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 $ 3,791 million matched sale-purchase transactions outstanding at the end of the latest statement wee*. Includes $ 878 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 $ 56 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 23, 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 change Within 15 days 3,167 — 4,804 - 1,901 179 + 73 16 days to 90 days 58 — 33,066 + 3,564 542 - 74 91 days to 1 year — — 44,623 + 68 1,674 — Over 1 year to 5 years — — 35,228 — 4,401 + 1 Over 5 years to 10 years — — 14,339 — 1,321 Over 10 years — — 19,088 — 399 — Total 3,225 151,148 + 1,731 8,516 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

HA1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MAY 23, 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 157,075 9,603 48,7 71 5,959 9,222 14,457 39843 22,440 4,709 1,985 7,138 10,104 18,844 Deposits: Depository institutions 21.591 855 5,480 678 774 1.320 1,667 1.823 568 603 811 1,994 5,018 U.S. Treasury—general account 2,594 2,594 Foreign—official accounts 212 4 99 1 10 8 12 20 4 5 7 11 25 Other 407 1 296 1 2 30 i 72 2 1 1 Total deposits 24.804 860 8,469 686 786 1,358 1,680 1,915 572 608 820 2,006 5,044 Deferred availability cash items 9,056 345 724 307 261 1,896 704 648 498 395 1,321 725 1,232 Other liabilities and accrued dividends1 2.382 115 795 79 133 194 61 325 67 36 111 167 299 TOTAL LIABILITIES | 193,317 10,923 58,759 7,031 10,402 17,905 6,288 25,328 5,846 3,024 9,390 13,002 25,419 CAPITAL ACCOUNTS Capital paid in 1.529 44 383 77 103 73 128 194 41 53 70 117 246 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capita! accounts 374 16 130 16 18 25 14 49 10 7 15 30 44 TOTAL LIABILITIES AND CAPITAL j 196,685 JUL,023 ' 59,629 7,195 10,624 18,077 6,552 25,763 5,937 3,135 9,543 13,257 25,950 ACCOUNTS FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 186,279 11,010 54,897 8,665 10,351 16,566 6,807 24,588 5,947 2,775 10,133 12,101 22,439 Less-Held by F.R. Banks 29,204 1,407 6,126 2,706 1,129 2,109 2,964 2,148 1,238 790 2,995 1,997 3.595 F.R. notes, net 157.075 99,,660033 4488,,777711 55,,995599 99..222222 1144,,445577 33,,884433 2222,,444400 44,,770099 11,,998855 77,,113388 1100,,110044 18,844 Collateral held against F.R. notes: Gold certificate account 11.104 Special Drawing Rights certif. acct. 4,618 Other eligible assets U.S. govt, and agency securities 141,353 Tots! collateral 157,075 1 Includes exchanoe 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

H.4.1(b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON May 23, 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 11,104 599 3,365 515 617 969 360 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 469 25 26 15 36 58 48 28 28 22 46 24 113 Loans 3,225 67 936 30 11 178 31 1,487 61 90 177 58 99 Acceptances held under repurchase agreements — — — — — — — — — — — — — Federal agency obligations: Bought outright 8,516 429 2,859 286 471 710 202 1,163 244 115 406 539 1,092 Held under repurchase agreements 1 — — — — — — — — ~ -- — — — U.S. government securities: Bought outright-Bills 65,217 3,282 21,894 2,191 3.611 5,435 1,550 8,904 1,871 878 3,108 4,131 8,362 Notes 63,870 3,215 21,442 2,146 3,536 5,323 1,517 8,720 1,832 860 3,044 4,046 8.189 Bonds 22,061 1,110 7,406 741 1.221 1,839 524 3,012 633 297 1,051 1,398 2,829 Total bought outright 2 151,148 7,607 50,742 5,078 8,368 12,597 3.591 20,636 4,336 2.035 7,203 9,575 19,380 Held under repurchase agreements 1 — — -- — — — — — — — — — — Total U.S. government securities 151,148 7,607 50,742 5,078 8,368 12,597 3.591 20,636 4,336 2,035 7,203 9,575 19.380 Total loans and securities 162,889 8,103 54,537 5.394 8,850 13,485 3,824 23,286 4,641 2,240 7,786 10,172 20,571 Cash items in process of collection 9,488 345 798 376 293 1.921 745 691 511 396 1,351 767 1,294 Bank premises 555 96 25 50 27 105 37 20 16 26 30 18 105 Other assets 3 7,562 241 1,958 289 429 422 417 943 193 182 310 1,193 985 Interdistrict settlement account -0- •f 1,373 - 2,415 + 331 + 70 + 709 + 960 - 1,361 + 21 + 48 - 829 + 47 + 1,046 TOTAL ASSETS 196,685 11,023 59,629 7,195 10,624 18.077 6.552 25,763 5,937 3,135 9.543 13,257 25,950 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 $ 3,791 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 878 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 $ 56 million in Treasury Bills maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis