H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE •fWfc?. 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 14, 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 June 13, June 6, June 15, June 13, 1984 1984 1983 1984 Reserve Bank credit:1. 2 174,525 + 224 +13,176 173,197 U.S. government securities- Bought outright—system account 154,383 + 1,583 +13,462 153,635 Held under repurchase agreements 352 - 697 + 352 — Federal agency obligations- Bought outright 8,502 7 - 391 8,501 Held under repurchase agreements 32 42 + 32 — Acceptances- Bought outright — — — — Held under repurchase agreements 18 64 + 18 — Loans to depository institutions 2,508 - 623 + 697 2,404 Includes: seasonal borrowing of 246 + 1 + 137 266 extended credit of 1,996 + 1,985 + 900 1,964 Float 470 111 - 1,016 212 Other F.R. assets 8,260 + 185 + 22 8,445 Gold stock 11,104 — 27 11,104 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,064 + 15 + 707 16,077 Total factors supplying reserve funds 206,311 + 238 +13,856 204,996 Currency in circulation* 174,408 + 675 +13,445 174,597 Treasury cash holdings* 535 5 5 530 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,311 - 1,393 + 180 3,524 Foreign 234 7 + 13 251 Service-related balances and adjustments 3 1,318 + 33 + 568 1,150 Other 394 - 119 - 149 342 Other F.R. liabilities and capital 5,849 40 + 803 5,752 Total factors, other than reserve balances, absorbing reserve funds 186,049 856 +14,856 186,146 Reserve balances with F.R. Banks 4 20,261 + 1,094 - 1,000 18,849 On June 13, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $115,446 million, an increase of $1,670 million for the week. 1 Net of $ 1,867 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,867 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 2,645 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,645 million was with foreign official and international accounts. Includes $ 465 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,150 million and adjustments of $ 168 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 13, 1984 June 6, 1984 June 15, 1983 ASSETS Gold certificate account 11,104 — 27 Special Drawing Rights certificate account 4,618 — — Coin 451 + 2 + 50 Loans 2,404 - 1,983 - 2,008 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,501 1 - 389 Held under repurchase agreements 1 — — — U.S. government securities: Bought outright—Bills 67,704 + 844 +10,004 Notes 63,870 — + 763 Bonds 2222,,006611 — + 2,870 Total bought outright2 115533,,663355 + 844 +13,637 Held under repurchase agreements1 — — — Total U.S. government securities 153,635 + 844 +13,637 Total loans and securities 164,540 - 1,140 +11,240 Cash items in process of collection (2,140) 7,447 - 638 - 1,676 Bank premises 553 — 1 Other assets 3 7,892 + 152 - 392 TOTAL ASSETS ((22,,114400)) 196,605 - 1,624 + 9,194 LIABILITIES Federal Reserve notes 159,502 + 360 +12,748 Deposits: Depository institutions 19,999 - 2,055 - 4,028 U.S. Treasury—general account 3,524 + 66 + 354 Foreign—official accounts 251 + 45 20 Other 342 36 - 268 Total deposits 24,116 - 1,980 - 3,962 Deferred availability cash items (2,140) 7,235 98 - 444 Other liabilities and accrued dividends* 2,355 3 + 568 TOTAL LIABILITIES (2,140) 193,208 - 1,721 + 8,910 CAPITAL ACCOUNTS Capital paid in 1,538 + 1 + 122 Surplus 1,465 + 106 Other capital accounts 394 + 96 + 56 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 $ ~°~ million was outstanding at the end of the latest statement week. Net of $ 2,645 j||j matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 465 m 0n 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 $ 62 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 13, 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 2,229 8,600 - 105 108 + 22 16 days to 90 days 175 — 33,726 + 2,808 653 + 13 91 days to 1 year — — 42,744 - 1,859 1,604 _ 42 Over 1 year to 5 years — — 35,138 4,436 + 44 Over 5 years to 10 years — — 14,339 1,301 « 38 Over 10 years — — 1199,,008888 — 339999 — Total 2,404 — 115533,,663355 + 844 88,,550011 - 1 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 13> 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 451 21 21 13 33 58 48 24 26 22 45 27 113 Loans 2,404 18 4 21 6 44 18 2,020 49 48 136 24 16 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,501 428 2,854 286 471 708 202 1,161 244 114 405 538 1,090 Held under repurchase agreements 1 U.S. government securities: Bought outright—Bills 67,704 3,407 22,729 2,275 3,749 5,642 1,609 9,243 1,942 911 3,227 4,289 8,681 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 2 153,635 7,732 51,577 5,162 8,506 12,804 3,650 20,975 4,407 2,068 7,322 9,733 19,699 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 153,635 7,732 51,577 5,162 8,506 12,804 3,650 20,975 4,407 2,068 7,322 9,733 19,699 Total loans and securities 164,540 8,178 54,435 5,469 8,983 13,556 3,870 24,156 4,700 2,230 7,863 10,295 20,805 Cash items in process of collection 9,587 281 647 381 270 2,044 709 746 562 503 1,310 703 1,431 Bank premises 553 95 25 50 27 104 37 20 16 26 30 18 105 Other assets 3 7,892 261 2,041 295 446 452 433 996 209 185 326 1,193 1,055 Interdistrict settlement account -0- + 1,427 - 1,357 + 487 1 + 686 + 817 - 1,537 78 71 - 413 398 + 438 TOTAL ASSETS 198,745 11,103 60,512 7,435 10,677 18,277 6,435 26,561 5,962 3,116 10,010 12,874 25,783 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 $ 2,645 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 465 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 $ 62 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 JUNE 13, 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 159.502 9,794 49,409 6,204 9,388 14,472 3,713 23,094 4,790 2,038 7,578 10,063 18,959 Deposits: Depository institutions 19,999 736 4,740 636 657 1,355 1,677 1,991 450 457 946 1,676 4,678 U.S. Treasury-general account 3,524 3.524 Foreign—official accounts 251 4 138 7 10 8 12 20 4 5 7 11 25 Other 342 1 244 22 1 71 1 1 1 Total deposits 24,116 741 8,646 643 667 1,385 1,690 2,082 454 462 954 1,688 4,704 Deferred availability cash items 9,375 339 796 341 266 2,051 704 626 558 469 1,212 721 1,292 Other liabilities and accrued dividends 1 2,355 125 787 81 132 190 62 324 67 37 110 146 294 TOTAL LIABILITIES 195,348 10,999 59.638 7,269 10,453 18,098 6,169 26,126 5,869 3,006 9,854 12,618 25,249 CAPITAL ACCOUNTS Capital paid in 1,538 44 384 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 394 20 133 17 20 28 15 49 11 6 17 31 47 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 198,745 11,103 60,512 7,435 10,677 18,277 6,435 26,561 5,962 3,116 10,010 12,874 25,783 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 186,896 11,113 55,095 8,724 10,379 16,463 6,317 25,173 5,913 2,760 10,465 11,952 22,542 Less-Held by F.R. Banks 27,394 1,319 5,686 2,520 991 1,991 2,604 2,079 1,123 722 2,887 1,889 3,583 F.R. notes, net 159,502 99,,779944 4499,,440099 66,,220044 99,,338888 1144,,447722 33,,771133 2233,,009944 44,,779900 22,,003388 77,,557788 1100,,006633 18,959 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 143,780 Total collateral 159,502 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Less than $500,000. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis