H.4.1 Factors Affecting Reserve Balances of Depository Institutions

' Qj COW; FEDERAL RESERVE •?Wm?- 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 June 7, 1984 I 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 June 6, May 30, June 6, IQftA i&*?e 8» 1984 Reserve Bank credit: 1» 2 174,290 1 + 2,102 [ + 13,866 [1747725 U.S. government securities- Bought outright—-system account 152,800 + 605 + 12,260 152,791 Held under repurchase agreements 1,049 + 1,049 + 1,049 — Federal agency obligations- Bought outright 8,509 - 6 - 399 8,502 Held under repurchase agreements ! 74 + 74 + 74 — Acceptances- Bought outright — — — — Held under repurchase agreements 82 + 82 + 82 — Loans to depository institutions 3,131 + 123 + 2,224 4,387 Includes: seasonal borrowing of 245 + 11 + 138 229 extended credit of 11 - 8 - 442 9 Float 570 + 187 -' 1,488 752 Other F.R. assets 8,075 - 13 + 63 8,293 Gold stock 11,104 — - 28 11,104 Special Drawing Rights certificate account 4,618 — ~ 4,618 Treasury currency outstanding 16,049 + 12 + 705 16,062 Total factors supplying reserve funds 206,062 + 2,115 + 14,544 206,509 Currency in circulation* 173,733 + 1,080 + 12,929 174,215 Treasury cash holdings* 540 - 4 + 2 540 Deposits, other than reserve balances, with F.R. Banks: Treasury 4,704 + 1,372 + 2,056 3,458 Foreign 241 - 33 + 39 206 Service-related balances and adjustments 3 1,285 - 19 + 550 1,148 Other 513 + 77 - 14 | 378 Other F.R. liabilities and capital j 5,889 + 4 + 895 5,658 Total factors, other than reserve balances, absorbing reserve funds 186,905 + 2,478 + 16,456 185,603 Reserve balances with F.R. Banks 4 19,156 - 364 | - 1,913 20,906 On June 6, 1984 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official t and international accounts were $ i 13,776 million, an increase of $259 million for the week. 1 Net of $2,853 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,853 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3»030 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $3,030 million was with foreign official and international accounts. Includes $ 848 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,148 million and adjustments of $ 137 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 June 6, 1984 May 30, 1984 June 8, 1983 ASSETS Gold certificate account 11,104 — 27 Special Drawing Rights certificate account 4,618 — — Coin 449 4 4- 53 Loans 4,387 + 1,684 + 3,584 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,502 13 - 406 Held under repurchase agreements'! — — — U.S. government securities: Bought outright—Bills 66,860 - 906 + 8,182 Notes 63,870 — + 763 Bonds 2222,,006611 — + 2,783 Total bought outright2 115522,,779911 - 906 +11,728 Held under repurchase agreements1 — — Total U.S. government securities 152,791 - 906 +11,728 Total loans and securities 165,680 + 765 +14,906 Cash items in process of collection (2,368) 8,085 - 2,806 733 Bank premises 553 1 Other assets 3 7,740 + 33 + 5 TOTAL ASSETS ((22,,336688)) 198,229 - 2,012 +14,203 LIABILITIES Federal Reserve notes 159,142 + 632 +12,244 Deposits: Depository institutions 22,054 + 2,562 + 156 U.S. Treasury—general account 3,458 - 2,848 + 391 Foreign—official accounts 206 86 + 29 Other 378 47 132 Total deposits 26,096 419 + 444 Deferred availability cash items (2,368) 7,333 - 2,168 + 756 Other liabilities and accrued dividends* 2,358 + 20 + 573 TOTAL LIABILITIES (2,368) 194,929 - 1,935 +14,017 CAPITAL ACCOUNTS Capital paid in 1,537 + 5 + 123 Surplus 1,465 — + 106 Other capital accounts 298 82 43 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 $ 3,030 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 848 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 $ 59 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, June 6, 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 4,255 — 8,705 - 846 86 - 73 16 days to 90 days 132 — 30,918 + 133 640 + 81 91 days to 1 year — — 44,603 - 103 1,646 + 8 Over 1 year to 5 years — — 35,138 - 90 4,392 - 29 Over 5 years to 10 years — — 14,339 — 1,339 — Over 10 years — — 1199,,008888 — 339999 — Total 4,387 — 115522,,779911 - 906 88,,550022 - 13 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 June 6, 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 Specjal Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 449 21 24 14 35 55 46 25 25 21 46 26 111 Loans 4,387 22 622 13 208 298 12 2,630 52 160 149 204 17 Acceptances held under repurchase agreements — — — — — — — — Federal agency obligations: Bought outright 8,502 428 2,854 286 470 709 202 1,161 244 114 405 539 1,090 Held under repurchase agreements 1 — — — — — — — — — — — — ~ U.S. government securities: Bought outright-Bills 66,860 3,365 22,446 2,246 3,702 5,572 1,588 9,128 1,918 900 3,187 4,235 8,573 Certificates: Special Other 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 2 152,791 7,690 51,294 5,133 8,459 12,734 3,629 20,860 4,383 2,057 7,282 9,679 19,591 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 152,791 7,690 51,294 5,133 8,459 12,734 3,629 20,860 4,383 2,057 7,282 9,679 19,591 Total loans and securities 165,680 8,140 54,770 5,432 9,137 13,741 3,843 24,651 4,679 2,331 7,836 10,422 20,698 Cash items in process of collection 10,453 316 925 374 301 2,199 754 709 649 485 1,330 881 1,53© Bank premises 553 95 25 50 27 104 37 20 16 26 30 18 105 Other assets 3 7,740 256 1,987 291 422 459 429 990 203 182 319 1,182 1,020 Interdistrict settlement account -0- + 1,388 - 1,051 + 550 + 330 + 467 + 953 - 1,874 25 171 - 458 189 + 80 TOTAL ASSETS 200,597 11,056 61,380 7,451 11,171 18,402 6,583 26,677 6,074 3,095 9,952 13,376 25,380 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 $ ~°~ million was outstanding at the end of the latest statement week. 2 Net of $ 3,030 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 848 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 $ 59 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 June 6, 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 159,142 9,706 49,304 6,108 9,366 14,542 3,827 22,760 4,808 2,016 7,542 1100,,113377 19,026 Deposits: Depository institutions 22.054 786 5.764 772 1,179 1,342 1,693 2,389 519 464 918 22,,110066 4,122 U.S. Treasury—general account 3.458 3,458 Foreign—official accounts 206 4 93 7 10 8 12 20 4 5 7 1111 25 Other 378 1 279 1 24 1 68 2 11 1 Total deposits 26.096 791 9.594 779 1,190 1.374 1,706 2,477 523 469 927 22,,111188 4,148 Deferred availability cash items 9.701 345 858 325 268 2,125 729 659 586 467 1,220 772266 1,393 Other liabilities and accrued dividends 1 2,358 113 775 79 130 191 61 358 66 35 110 114455 295 TOTAL LIABILITIES 197,297 10,955 60.531 7.291 10,954 18,232 6,323 26,254 5,983 2,987 9,799 13,126 24,862 CAPITAL ACCOUNTS Capital paid in 1.537 44 383 78 103 77 129 194 42 53 71 117 246 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 298 17 109 11 13 19 9 37 9 4 14 25 31 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 200.597 11,056 61,380 7.451 11,171 18,402 6,583 26,677 6,074 3,095 9,952 13,376 25,380 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 186,571 11,019 54,962 8.649 10.335 16,482 6,528 24,801 5,904 2,756 10,479 12,018 22,638 Less-Held by F.R. Banks 27.429 1,313 5,658 2,541 969 1,940 2,701 2,041 1.096 740 2,937 1,881 3,612 F.R. notes, net 159.142 99,,770066 4499,,330044 66,,110088 99,,336666 1144,,554422 33,,882277 2222,,776600 44,,880088 22,,001166 77,,554422 1100,,113377 19,026 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 143,420 Total collateral 159,142 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