H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE 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 July 19, 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 July 18, July 11, JJuullyy 2200,, July 18, !Qfi4 IQftA 1984 Reserve Bank credit: 1» 2 177,960 | - 8 66 |+11,761 181,230 U.S. government securities- Bought outright—system account 153,102 + 155 + 10,261 152,630 Held under repurchase agreements 952 655 - 1,668 ! 3,007 Federal agency obligations- Bought outright 8,500 1 - 1 380 8,500 Held under repurchase agreements 42 92 114 159 Acceptances- Bought outright — — — — Held under repurchase agreements — — 129 — Loans to depository institutions 5,891 + 1,067 + 4,655 6,958 Includes: seasonal borrowing of 286 + 5 + 107 290 extended credit of 5,073 + 918 + 4,613 5,694 Float 728 - 1,026 845 1,006 Other F.R. assets 8,745 314 19 8,970 Gold stock 11,099 1 32 11,099 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,145 + 15 + 729 16,158 Total factors supplying reserve funds 209,822 851 + 12,458 213,105 Currency in circulation* 176,844 555 + 14,507 176,549 Treasury cash holdings* 521 1 3 512 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,415 - 1,071 + 106 3,848 Foreign 248 + 42 14 195 Service-related balances and adjustments 3 1,339 ! 39 + 455 1,156 Other 341 30 349 275 Other F.R. liabilities and capital 6,196 + 113 j + 883 6,126 Total factors, other than reserve balances, absorbing reserve funds 188,903 - 1,541 + 15,584 188,661 Reserve balances with F.R. Banks 4 20,919 -1- 690 - 3,123 24,444 On JulY 18» *984 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official t and international accounts were $ 115,622 million, an increase of $144 million for the week. 1 Net of $ 3,248 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $3,248 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,720 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,720 million was with foreign official and international accounts. Includes $ 972 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,156 million and adjustments of $183 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 JJuullyy 1188,, 11998844 July 11. 1984 July 20. 1983 ASSETS Gold certificate account 11,099 — - 32 Special Drawing Rights certificate account 4,618 — — Coin 413 - 24 + 22 Loans 6,958 + 2,358 + 4,474 Acceptances- Held under repurchase agreements — __ _ 74 Federal agency obligations- Bought outright 8,500 — - 380 Held under repurchase agreements1 159 - 116 + 19 U.S. government securities: Bought outright—Bills 66,699 + 200 + 5,847 Notes 63,870 — - 88 Bonds 2222,,006611 — ++ 2,746 Total bought outright2 115522,,663300 ++ '' 200 ++ 8,505 Held under repurchase agreements1 3,007 _ 76 «_ 779 Total U.S. government securities 155,637 + " 124 + 7,726 Total loans and securities 171,254 + ' 2,366 + 11,765 Cash items in process of collection (2,184) 8,489 + 523 _ 245 Bank premises 556 + 1 + 3 Other assets 3 8,414 + 143 _ 75 TOTAL ASSETS ((22,,118844)) 204,843 + 3^009 ~ 11,438 LIABILITIES Federal Reserve notes 161,316 - 1,055 + 13,807 Deposits: Depository institutions 25,600 + 3,356 - 3,339 U.S. Treasury—general account 3,848 + 360 - 150 Foreign—official accounts 195 - 22 - 73 Other 275 - 106 - 328 Total deposits 29,918 + 3,588 - 3,890 Deferred availability cash items (2,184) 7,483 + 288 + 574 Other liabilities and accrued dividends4 2,705 + 138 + 657 TOTAL LIABILITIES (2,184) 201,422 + 2,959 + 11,148 CAPITAL ACCOUNTS Capital paid in 1,547 + 1 + 120 Surplus 1,465 — + 106 Other capital accounts 409 + 49 + 64 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 $ _Q_ million was outstanding at the end of the latest statement week. Net of $ 3,720 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 972 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 $43 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, July 18, 1984 Acceptances and securities heid 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 6,917 — 6,446 -1,317 349 - 32 16 days to 90 days 41 _~ 35,293 - 204 568 + 19 91 days to 1 year ~- — 44,980 +1,645 1,566 -103 Over 1 year to 5 years — — 35,574 + 83 4,476 — Over 5 years to 10 years — _ 14,256 - 83 1,301 — Over 10 years ~ ^^55 1199,,008888 — 339999 — Total 6,958 115555,,663377 + 124 88„„665599 -116 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 July 18, 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 11,099 599 3,360 515 617 969 360 1,510 357 160 608 726 1,31.8 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 413 19 18 14 31 56 45 22 21 17 44 22 104 Loans 6,958 27 479 25 14 113 38 5,831 51 87 199 29 65 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,500 428 2,853 286 471 708 202 1,160 244 114 405 539 1,090 Held under repurchase agreements ' 159 159 ~~ — — U.S. government securities: Bought outright-Bills 66,699 3,356 22,392 2,240 3,694 5,558 1,585 9,106 1,914 898 3,179 4,225 8,552 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 2 152,630 7,681 51,240 5,127 8,451 12,720 3,626 20,838 4,379 2 ,055 7,274 9,669 19,570 Held under repurchase agreements 1 3,007 — 3,007 — — — — — — — — — — Total U.S. government securities 155,637 7,681 54,247 5,127 8,451 12,720 3,626 20,838 4,379 2 ,055 7,274 9,669 19,570 Total loans and securities 171,254 8,136 57,738 5,438 8,936 13,541 3,866 27,829 4,674 2 ,256 7,878 10,237 20,725 Cash items in process of collection 10,673 463 1,142 389 297 2,216 783 693 611 459 1,332 827 1,461 Bank premises 556 95 25 50 27 104 38 21 16 26 31 18 105 Other assets 3 8,414 287 2,303 296 453 497 460 1,032 209 188 348 1,234 1,107 Interdistrict settlement account -0- +1,735 -2,014 + 629 + 928 + 806 + 832 -4,142 + 457 + 93 - 453 + 394 + 735 TOTAL ASSETS 207,027 11,575 63,907 7,556 11,591 18,597 6,545 27,611 6,515 3 ,260 10,029 13,768 26,073 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 $ 3,720 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 972 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 $43 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 July 18, 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 111666111,,,333111666 9.948 49.854 6666....111166669999 99,,995555 1144,,669966 33,,660066 22223333,,,,333322223333 555,,,000333999 1,942 7777,,,,555577772222 11110000....333366666666 18,846 Deposits: Depository institutions 222555...666000000 1,029 7.302 777788889999 999977 11,,338822 11,,994499 2222,,,,666611114444 777333111 744 888877779999 2222,,,,222244440000 4,944 U.S. Treasury-general account 333...888444888 3,848 Foreign-official accounts 111999555 4 82 7777 1100 88 1122 22220000 444 5 7777 11111111 25 Other 222777555 1 177 11 3355 55553333 2222 1111 4 Total deposits 222999,,,999111888]]] 1,034 11.409 777799996666"""" 11,,000088 11,,442255 ""TT,,9966~~22~~ 2222,,,,666688887777 JJJ333555 777444999 888888888888 2222,,,,222255552222 4,973 Deferred availability cash items 999,,,666666777 361 789 333333338888 225599 22,,008822 664466 888800001111 555777555 444111999 1111....222288888888 777722225555 1,384 Other liabilities and accrued dividends 1 222,,,777000555 128 978 88883333 114466 221122 6677 333355558888 777444 333888 111122223333 111166661111 337 TOTAL LIABILITIES 222000333,,,666000666 11,471 6633,,003300 7777....333388886666 1111,,336688 1188,,441155 66,,228811 22227777,,,,111166669999 666,,,444222333 333,,,111444888 9999,,,,888877771111 11113333,,,,555500004444 25,540 CAPITAL ACCOUNTS Capital paid in 111,,,555444777 44 338844 88880000 110033 7788 112288 111199994444 444222 555444 77772222 111122221111 247 Surplus 111,,,444666555 40 335577 77771111 110011 7744 112222 111199992222 444000 555111 66668888 111100008888 241 Other capital accounts 444000999 20 113366 11119999 1199 3300 1144 55556666 111000 JJJ 1111____8888 33335555 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 207.027 11,575 6633,,990077 7777,,,,555555556666 1111,,559911 1188,,559977 66..554455 22227777,,,,666611111111 6,515 333,,,222666000 11110000,,,,000022229999 11113333,,,,777766668888 26,073 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 188.860 11,254 55,330 888,,,666111555 111000,,,999555888 111666,,,666333222 666,,,444555111 222555,,,222222555 666...111888888 222,,,777111444 111000,,,444888999 111222,,,111888111 22,823 Less-Held by F.R. Banks 27.544 1,306 5,476 222,,,444444666 111,,,000000333 111,,,999333666 222,,,888444555 111,,,999000222 111,,,111444999 777777222 222,,,999111777 111,,,888111555 3,977 F.R. notes, net 161.316 99,,994488 4499,,885544 666,,,111666999 999,,,999555555 111444,,,666999666 """ """333,,,666000666 222333,,,333222333 555...000333999 111,,,999444222 777,,,555777222 111000,,,333666666 18,846 Collateral held against F.R. notes: Gold certificate account 11.099 Special Drawing Rights certif. acct. 4.618 Other eligible assets - 0 - U.S. govt, and agency securities 145,599 Total collateral 161,316 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