H.4.1 Factors Affecting Reserve Balances of Depository Institutions

• of zovi FEDERAL RESERVE ••f^m^ Factors Affecting Reserve Balances of Depository Insitutions and Condition Statement of F.R. Banks For release at 4:30 p.m. Eastern time H.4.1 May 31, 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 30, May 23, J une 1, May 30, 1984 1984 T^AT 1984 Reserve Bank credit: 1» 2 172,188 + 3,026 + 11,862 | 174,565 U.S. government securities- Bought outright—system account 152,195 + 3,675 + 12,425 153,697 Held under repurchase agreements — — - 676 —. Federal agency obligations- Bought outright 8,515 1 _ 393 8,515 Held under repurchase agreements — — - 40 Acceptances- Bought outright — — — — Held under repurchase agreements — — - 50 — Loans to depository institutions 3,008 738 + 1,890 2,703 Includes: seasonal borrowing of 234 + 30 + 126 228 extended credit of 19 + 3 - 511 15 Float 383 56 - 1,334 f,390 Other F.R. assets 8,088 + 147 + 41 8,260 Gold stock 11,104 2 - 28 11,104 Special Drawing Rights certificate account 4,618 — 4,618 Treasury currency outstanding 15,987 + 12 + 657 15,997 Total factors supplying reserve funds 203,897 + 3,037 + 12,491 206,284 Currency in circulation* 172,603 + 827 + 12,910 173,513 Treasury cash holdings* 544 4 + 9 542 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,332 688 + 449 6,306 Foreign 274 + 37 + 1 292 Service-related balances and adjustments 3 1,304 295 + 588 1,148 Other 436 5 - 126 425 Other F.R. liabilities and capital 5,885 J: 30 __+ 907 5,715 Total factors, other than reserve balances, absorbing reserve funds 184,377 159 + 14,737 187,941 Reserve balances with F.R. Banks 4 19,520 + 3,196 -- 2,244 18,344 On May 30, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 113,517 million, a decrease of $133 million for the week. 1 Net of $2,857 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,857 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $1,628 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,628 million was with foreign official and international accounts. Includes $ 1,120 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,148 million and adjustments of $ 156 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 Wednesday Wednesday Wednesday May 30, 1984 May 23, 1984 June 1, 1983 ASSETS Gold certificate account 11,104 28 Special Drawing Rights certificate account 4,618 Coin 453 16 + 56 Loans 2,703 522 + 579 Acceptances- 351 Held under repurchase agreements Federal agency obligations- 8,515 - 1 - 393 Bought outright — — 278 Held under repurchase agreements"! U.S. government securities: 67,766 + 2,549 +10,557 Bought outright—Bills 63,870 — + 763 Notes 22,061 — + 2,783 Bonds 153,697 + 2,549 +14,103 Total bought outright2 — — - 4,730 Held under repurchase agreements1 153,697 + 2,549 + 9,373 Total U.S. government securities 164,915 + 2,026 + 8,930 Total loans and securities (2,673) 10,891 + 3,539 - 1,427 Cash items in process of collection 553 - 2 5 Bank premises 7,707 + 145 + 93 Other assets 3 (2,673) 200,241 + 5,692 + 7,619 TOTAL ASSETS LIABILITIES Federal Reserve notes 158,510 + 1,435 +12,273 Deposits: Depository institutions 19,492 - 2,099 - 7,949 U.S. Treasury—general account 6,306 + 3,712 + 3,636 Foreign—official accounts 292 + 80 + 14 Other 425 + 18 205 Total deposits 26,515 + 1,711 - 4,504 Deferred availability cash items (2,673) 9,501 + 2,581 851 Other liabilities and accrued dividends4 2,338 - 44 + 377 TOTAL LIABILITIES (2,673) 196,864 + 5,683 + 7,295 CAPITAL ACCOUNTS Capital paid in 1,532 + 3 + 118 Surplus 1,465 + 106 Other capital accounts 380 + 6 + 100 * Figures in parentheses are the eliminations made in the consolidating process. 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 $ 2,298 million was outstanding at the end of the latest statement week. 2 Net of $ 1,628 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 1,120 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. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, May 30, 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 2,660 — 9,551 + 4,747 159 _ 20 16 days to 90 days I 43 — 30,785 - 2,281 559 + 17 91 days to 1 year — — 44,706 + 83 1,638 - 36 Over 1 year to 5 years I — 35,228 — 4,421 + 20 Over 5 years to 10 years — — 14,339 — 1,339 + 18 Over 10 years 32 — 19,088 ~ 399 — Total 2,703 153,697 + 2,549 8,515 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 30, 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 453 24 23 13 35 56 45 27 26 22 46 25 111 Loans 2,703 44 46 45 37 70 30 1,976 75 59 187 83 51 Acceptances held under repurchase agreements — — — — __ — __ — — __ — _- Federal agency obligations: Bought outright 8,515 429 2,859 286 471 710 202 1,162 244 115 406 539 1,092 Held under repurchase agreements 1 — — — — — — — — — — — -.. — U.S. government securities: Bought outright-Bills 67,766 3,410 22,750 2,277 3,753 5,647 1,610 9,252 1,944 912 3,230 4,292 8,689 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 JLJ.829 Total bought outright 2 153,697 7,735 51,598 5,164 8,510 12,809 3,651 20,984 4,409 2,069 7,325 9,736 19,707 Held under repurchase agreements 1 __ __ __ — — — — — — — — __ _.. Total U.S. government securities ^ 153,697 7,735 51,598 5,164 8,510 12,809 3,651 20,984 4,409 2,069 7,325 9,736 -_-. _— 7 Total loans and securities 164,915 8,208 54,503 5,495 9,018 13,589 3,883 24,122 4,728 2,243 7,918 10,358 20,850 Cash items in process of collection 13,564 450 1,547 491 495 2,772 932 1,009 771 550 1,659 1,196 1,692 Bank premises 553 95 25 50 27 104 37 20 16 26 30 18 105 Other assets 3 7,707 250 1,986 315 426 455 414 964 193 186 313 1,185 1,020 Interdistrict settlement account -0- + 1,115 + 1,171 + 147 + 71 + 211 + 824 - 1,990 174 41 997 335 2 TOTAL ASSETS 202,914 10,982 63,955 7,251 10,991 18,564 6,656 26,308 6,087 3,207 9,818 13,483 25", 612 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 $ 2,298 million was outstanding at the end of the latest statement week. 2 Net of $ 1,628 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 1,120 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. 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 May 30, 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 ' 158,510 9,696 49,161 5,996 9,304 14,585 3,882 2222,,660099 44,,775500 22,,000011 77,,225599 111000,,,111444666 19,121 Deposits: Depository institutions 19,492 707 5,238 572 881 1,000 1,576 11,,998888 443399 552233 770077 111,,,888333666 4,025 U.S. Treasury-general account 6,306 6,306 Foreign—official accounts . 292 4 179 7 10 8 12 2200 44 55 77 111111 25 Other 425 1 328 1 26 1 6644 11 111 2 Total deposits 26,515 712 12,051 579 892 1,034 1,589 22,,007722 444433 552288 771155 111,,,888444888 4,052 Deferred availability cash items 12,174 356 1,097 432 437 2,581 860 886699 773344 553333 11,,557799 111,,,000888666 1,610 Other liabilities and accrued dividends 1 2,338 115 775 78 134 191 62 332244 6688 3355 111111 111444999 296 TOTAL LIABILITIES 199,537 10,879 63,084 7,085 10,767 18,391 6,393 25,874 5,995 3,097 9,664 ''' 111333,,,222222999 25,079 CAPITAL ACCOUNTS Capita! paid in 1,532 44 383 79 103 73 128 194 42 53 71 111111666 246 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 111000888 241 Other capital accounts 380 19 131 16 20 26 13 48 10 6 15 333000 46 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 202,914 10,982 63,955 7,251 10,991 18,564 6,656 26,308 6,087 3,207 9,818 13,483 25,612 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 186,105 11,007 54,863 8,620 10,358 16,536 6,705 222444,,,555777999 555,,,999444000 222,,,777666666 111000,,,111888888 111222,,,000666666 22,477 Less-Held by F.R. Banks 27,595 1,311 5,702 2,624 1,054 1,951 2,823 111,,,999777000 111,,,111999000 777666555 222,,,999222999 111,,,999222000 3,356 F.R. notes, net 158,510 99,,669966 4499..116611 55,,999966 99,,330044 1144,,558855 33,,888822 222222,,,666000999 """ 444,,,777555000 222,,,000000111 777,,,222555999 111000,,,111444666 19,121 Collateral held against F.R. notes: Gold certificate account 11,104 Special Drawing Rights certif. acct. 4,618 Other eligible assets - 0 - U.S. govt, and agency securities 142,788 Total collateral 158,510 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