H.4.1 Factors Affecting Reserve Balances of Depository Institutions

• •ofGow.; FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Insitutiohs and *<AL RE Condition Statement of F.R. Banks H.4.1 For release at 4:30 p.m. Eastern time June 21, 1984 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss JJuunnee 2200,, June 13, June 11, June 20, 1199RR44 19,84 1983 1984 Reserve Bank credit: 1> 2 176,524 + 1,999 + 13,311 181,880 U.S. government securities- Bought outright—system account 153,350 1,033 + 11,397 153,182 Held under repurchase agreements 1,687 + 1,335 + 1,213 1 5,401 Federal agency obligations- Bought outright 8,501 1 389 8,501 Held under repurchase agreements 111 + 79 + 64 371 Acceptances- Bought outright Held under repurchase agreements 175 + 157 + 92 619 Loans to depository institutions 3,421 + 913 + 1,709 4,394 Includes: seasonal borrowing of 268 + 22 + 143 282 extended credit of 1,951 45 + 890 1,382 Float 754 + 284 812 590 Other F.R. assets 8,525 + 265 + 37 8,822 Gold stock 11,104 27 11,103 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,079 + 15 + 708 16,092 Total factors supplying reserve funds 208,325 + 2,014 + 13,992 213,693 Currency in circulation* 174,269 139 + 13,616 174,108 Treasury cash holdings* 530 5 5 528 Deposits, other than reserve balances, with F.R. Banks: Treasury 4,081 + 770 + 243 2,922 Foreign 269 + 35 + 56 179 Service-related balances and adjustments 3 1,434 + 116 + 671 1,150 Other 489 + 95 27 405 Other F.R. liabilities and capital 6,222 + 373 + 1,016 6,240 Total factors, other than reserve balances, absorbing reserve funds 187,294 + 1,245 + 15,570 185,532 Reserve balances with F.R. Banks 4 21,030 + 769 1,577 28,161 On June 20, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 114,336 million, a decrease of $1,110 million for the week. 1 Net of $2,929 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,929 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $3,097 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,097 million was with foreign official and international accounts. Includes $ 556 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,150 million and adjustments of $ 284 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 ** WWeeccnneessddaayy Wednesday Wednesday June 20, 1984 June 1.3. 1984 .Tiinft 22. 1Q8-} ASSETS Gold certificate account 11,103 - 1 28 Special Drawing Rights certificate account ^ ,618 — — Coin 453 + 2 + 55 Loans ^ ,394 + 1,990 + 2,494 Acceptances- Held under repurchase agreements 619 + 619 + 347 Federal agency obligations- Bought outright 8,501 389 Held under repurchase agreements1 371 + 371 + 229 U.S. government securities: Bought outright—Bills 67,251 _ 453 + 7,412 Notes 6:. ,870 + 763 BBoonnddss 22,061 — + 2,870 TToottaall bboouugghhtt oouuttrriigghhtt22 15 _, ,"182 _ 453 +11,045 Held under repurchase agreements1 f ,401 + 5,401 + 4,082 Total U.S. government securities 158,583 + 4,948 +15,127 Total loans and securities 172,468 + 7,928 +17,808 Cash items in process of collection (2,206) 8,433 + 986 - 692 Bank premises 554 + 1 Other assets3 £,268 + 376 + 182 TOTAL ASSETS ((22,,220066)) 205,897 + _?_._2?2_ +1L,_325. LIABILITIES Federal Reserve notes 158,997 __ 505 +12,766 Deposits: Depository institutions 25,311 + 9,312 + 3,107 U.S. Treasury—general account 2,922 _ 602 - 457 Foreign—official accounts 179 _. 72 1 Other 405 + 63 42 Total deposits 32,817 + 8,701 + 2,607 Deferred availability cash items (2,206) 7,843 + 608 + 765 Other liabilities and accrued dividends4 2,847 + 492 + 910 TOTAL LIABILITIES (2,206) 202,504 + 9,296 +17,048 CAPITAL ACCOUNTS Capital paid in 1,539 1 + 119 Surplus 1,465 + 106 Other capital accounts 389 - 5 + 52 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 $ 3,097 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $556 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 20, 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 4,363 619 12,340 +3,740 597 +489 16 days to 90 days 31 — 32,922 - 804 535 -118 91 days to 1 year — — 44,756 +2,012 1,604 — Over 1 year to 5 years — — 35,138 — 4,436 — Over 5 years to 10 years -- — 14,339 — 1,301 — Over 10 years — 1199,,008888 — 339999 — Total 4,394 66ll99 115588,,558833 +4,948 88,,887722 +371 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 20, 1984 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas F rancisco ASSETS Gold certificate account 11,103 599 3,364 515 617 969 360 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 19 21 15 34 57 49 26 25 21 45 26 115 Loans 4,394 276 852 23 328 317 88 1,869 48 84 183 162 164 Acceptances held under repurchase agreements 619 — 619 — — — — — — — — — — 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 * 371 — 371 — — — — — — — — — — U.S. government securities: Bought outright—Bills 67,251 3,384 22,577 2,259 3,724 5,605 1,598 9,181 1,930 905 3,205 4,260 8,623 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 2 153,182 7,709 51,425 5,146 8,481 12,767 3,639 20,913 4,395 2 ,062 7,300 9,704 19,641 Held under repurchase agreements 1 5,401 — 5,401 — — — — — — — — __ — Total U.S. government securities 158,583 7,709 56,826 5,146 8,481 12,767 3,639 20,913 4,395 2 ,062 7,300 9,704 19,641 Total loans and securities 172,468 8,413 61,522 5,455 9,280 13,792 3,929 23,943 4,687 2 ,260 7,888 10,404 20,895 Cash items in process of collection 10,639 416 863 480 355 2,223 710 731 628 454 1,272 827 1,680 Bank premises 554 95 25 50 27 104 37 20 16 26 31 18 105 Other assets 3 8,268 270 2,256 298 446 461 460 1,011 206 215 329 1,264 1,052 Interdistrict settlement account • -0- +1,561 -5,864 + 772 + 372 + 524 + 538 - 331 + 42 - 64 - 359 + 20 +2,789 TOTAL ASSETS 208,103 11,614 63,522 7,810 11,433 18,538 6,244 27,556 6,131 3 ,133 10,055 13,595 28,472 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 $ _o_ million was outstanding at the end of the latest statement week. 2 Net of $ ^ 097 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 556 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. * 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 20, 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 158,997 99,,990055 4499,,228833 6,128 9,521 14,298 3,298 23,252 4444,,,,777733330000 1111,,,,999955557777 77,,556622 1100,,005577 19,006 Deposits: Depository institutions 29,311 11,,008844 88,,110055 984 1,218 1,722 1,799 2,757 666633333333 555566665555 995500 22,,336699 7,125 U.S. Treasury—general account 2,922 22,,992222 Foreign—official accounts 179 44 6655 7 10 8 13 20 4444 5555 77 1111 25 Other 405 11 330044 1 22 72 1111 22 11 1 Total deposits 32,817 "" 11,,008899"" 1111,,339966 999999111 111,,,222222999 111,,,777555222 111,,,888111222 222,,,888444999 666633338888"""" 555577770000 995599 22,,338811 7,151 Deferred availability cash items 10,049 339922 886655 444333999 333111777 222,,,111000111 777666000 666777000 555599999999 444455559999 11,,226600 774422 1,445 Other liabilities and accrued dividends 1 2,847 112255 11,,110033 888555 111444222 222000666 111111000 333555000 77772222 33337777 111199 115599 339 TTOOTTAALL LLIIAABBIILLIITTIIEESS 220044,,771100 1111,,551111 6622,,664477 777,,,666444333 111111,,,222000999 111888,,,333555777 555,,,999888000 222777,,,111222111 6666,,,,000033339999 3333,,,,000022223333 9,900 13,339^ 27,941 CCAAPPIITTAALL AACCCCOOUUNNTTSS CCaappiittaall ppaaiidd iinn •• 11,,553399 4444 338844 777888 111000333 777777 111222999 111999444 44442222 55553333 71 117 247 SSuurrpplluuss 11,,446655 4400 335577 777---111 111000111 777444 111222222 111999222 44440000 55551111 68 108 241 OOtthheerr ccaappiittaall aaccccoouunnttss 338899 1199 ____11__3344 111888 222000 333000 111___333 ___444999___„„„... JJJJUUUU)))) 6666^^^^ 16 31 43 TTOOTTAALL LLIIAABBIILLIITTIIEESS AANNDD CCAAPPIITTAALL AACCCCOOUUNNTTSS 220088,,110033 1111,,661144 6633,,552222 777,,,888111000 111111,,,444333333 111888,,,555333888 666,,,222444444 222777,,,555555666 6666,,,,111133331111 3333,,,,111133333333 10,055 13,595 28,472 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 187,464 11,298 55,111 8,679 10,553 16,413 6,150 25,391 5,889 2,759 10,559 12,002 22,660 Less-Held by F.R. Banks 28,467 1,393 5,828 2,551 1,032 2,115 2,852 2,139 1,159 802 2,997 1,945 3,654 F.R. notes, net 158,997 ~| 99,,990055 4499,,228833 66,,112288 99,,552211 1144,,229988 33,,229988 2233,,225522 44,,773300 11,,995577 77,,556622 1100,,005577 19,006 Collateral held against F.R. notes: Gold certificate account 11,103 Special Drawing Rights certif. acct. 4,618 Other eligible assets - 0 - U.S. govt, and agency securities 143,276 Total collateral 158,997 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