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 26, 1984 Averages of daily figures (mitiions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, Week ended Change from week ended WWeeddnneessddaayy RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss JJuullyy 2255,, Julv 18. ! JJuullyy 2277,, JJuullyy 2255,, 19R4 1984 11998844 Reserve Bank credit: '• 2 176,305 T" 1,640 + 11,908 174,907 U.S. government securities- Bought outright—system account 151,472 - 1,630 + 7,576 150,167 Held under repurchase agreements — - 952 — — Federal agency obligations— Bought outright 8,500 — 380 8,499 Held under repurchase agreements — - 42 — — Acceptances— Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 6,849 + 958 •f 5,462 l 6,995 Includes: seasonal borrowing of 334 + 48 + 131 339 extended credit of 5,970 + 897 + 5,506 6,214 Float 577 - 136 965 198 Other F.R. assets 8,907 + 162 + 216 9,048 Gold stock 11,099 — 32 11,099 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,160 +_ 15 + 734 16,173 Total factors supplying reserve funds 208,182 - 1,625 + 12,610 206,797 . Currency In circulation* 175,915 929 + 14,360 175,643 Treasury cash holdings* 510 - 11 2 497 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,972 + 557 545 3,958 Foreign 227 - 21 4 | 246 Service-related balances and adjustments 3 2,042 + 703 + 1,422 1.156 Other 276 - 65 703 265 Other'F.R. liabilities and capital 6,147 -_ 49 + 887 5,967 Total factors, other than reserve balances, absorbing reserve funds 189,089 + 186 + 15.416 187,732 Reserve balances with F.R. Banks * 19,093 -_ 1,811 - 2,804 19.065 On July 25, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and International accounts were $ 116,143 million, an increase of $521 million for the week. 1 Net of $ 4,763million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,768 million was with foreign official and International accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $6,031 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,877 million was with foreign official and international accounts. Includes $ 481 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,156 million and adjustments of $ 886 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 July 25, 1984 July 18, 1984 July 27, 1983 ASSETS 11,099 32 Gold certificate account 4,618 Special Drawing Rights certificate account 429 + 16 + 26 Coin 6,995 + 37 + 5,646 Loans Acceptances- Held under repurchase agreements Federal agency obligations— 8,499 1 - 381 Bought outright 159 Held under repurchase agreements1 U.S. government securities: 64,236 2,463 + 4, 009 Bought outright—Bills 63,870 88 Notes 22,061 + 2 ,746 Bonds 150,167 - 2,463 + 6 ,667 Total bought outright2 - 3,007 — Held under repurchase agreements1 150,167 - 5,470 + 6 ,667 Total U.S. government securities 165,661 - 5.593 +11,932 Total loans and securities (2,365) 6,312 - 2.177 - 1,495 Cash items in process of collection 555 1 Bank premises 8,493 + 79 + 576 Other assets3 (2,365) 197.167 - 7,676 +11 ,007 TOTAL ASSETS LIABILITIES Federal Reserve notes 160,396 - 920 +13 ,271 Deposits: Depository institutions 20,221 - 5,379 - 3 ,341 U.S. Treasury—general account 3,958 + 110 + 643 Foreign—official accounts 246 + 51 + 4 Other 265 - 10 319 Total deposits 24,690 - 5,228 - 3 ,013 Deferred availability cash items (2,365) 6,114 - 1.369 196 Other liabilities and accrued dividends4 2,553 - 152 + 663 TOTAL LIABILITIES (2,365) 193,753 - 7,669 +10 ,725 CAPITAL ACCOUNTS Capital paid in 1,545 + 118 Surplus 1,465 + 106 Other capital accounts 404 + 58 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 $ -o- million was outstanding at the end of the latest statement week. Net of $ 6,031 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 481 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 $ 35 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 25, 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 6,947 — 3.289 -3,157 103 -246 16 days to 90 days 48 — 30,853 -4,440 593 + 25 91 days to 1 year _~ — 47,107 +2,127 1,684 +118 Over 1 year to 5 years — — 35,574 _^ 4,408 - 68 Over 5 years to 10 years — — 14,256 *•** 1,312 + 11 Over 10 years — ^^ 1199,,008888 - -__ 339999 -~ Total 1 6,995 115500,,116677 -5,470 88,,449999 -160 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 25* 1984 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS f . Gold certificate account j 11,099 599 3,360 515 617 969 360 1,510 357 160 608 726 1.318 Special Drawing Rights certif. acct. 1 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 429 21 19 17 32 58 50 24 22 16 45 23 102 Loans 6,995 9 23 20 42 50 33 6,340 73 124 198 61 22 Acceptances held under repurchase agreements — «.. -~ *"" — — —. -"" M "*- —. — — Federal agency obligations: Bought outright I 8,499 428 2,853 286 471 708 202 1,160 244 114 405 538 1,090 Held under repurchase agreements l — ~ — — — — — — — — — — — U.S. government securities: Bought outright-Bills 64,236 3,233 21,565 2,158 3,557 5,353 1,526 8,770 1,843 865 3,061 4,069 8,236 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 | 150,167 7,558 50,413 5,045 8,314 12,515 3,567 20,502 4,308 2,022 7,156 9,513 19.254 Held under repurchase agreements t — | — — — — — — — — — — Total U.S. government securities 150,167 7,558 50.413 5,045 8,314 12,515 3,567 20,502 4,308 2,022 7,156 9.513 19.254 Total loans and securities 165,661 7,995 53,289 5,351 8,827 13,273 3,802 28,002 4,625 2,260 7,759 10,112 20,366 Cash items in process of collection 8,677 251 753 342 258 1,819 678 658 479 394 1,134 740 1,171 Bank premises 555 95 25 50 27 104 37 21 16 26 31 18 105 Other assets 3 8,493 294 2,259 303 466 499 470 1,044 219 219 352 1,236 1,132 interdistrict settlement account -0- -1-1,637 +1,094 + 711 + 737 + 793 +1,434 -5,966 + 256 - 206 - 399 + 180 - 271 TOTAL ASSETS 199,532 11,133 62,134 7.514 11,266 17,923 6,992 25,939 6,144 2,930 9,771 13,345 24,441 1 Does not include U.S. government and federal agency securitie sresold under matched sale-purchase transactions to foreign official and internationa alccounts, of which $ -0- million was outstanding at the tod of the latest statement week. 2 Net of $ 6,031 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 481 million securities (oaned-futly 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 $ 35 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 J"ly 25, 1984 Millions of dollars Kansas San Total 1 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 160,396 9.747 49,449 6,195 9,785 14,460 4,272 22,855 5,029 1,898 7,498 10,310 18,898 Deposits: Depository institutions 20,221 613 5,938 744 818 1,227 1,698 1.688 456 459 882 1,937 3,561 U.S. Treasury—general account 3.958 3,958 Foreign-official accounts 246 4 133 7 10 8 12 20 4 5 7 11 25 Other 265 1 185 1 1 26 2 44 2 1 2 Total deposits 24.690 818 10,214 752 829 1,261 1,712 1.752 460 464 891 1,949 3,588 Deferred avai ability cash items 8,479 340 746 324 286 1,811 666 536 489 417 1,107 665 1,092 Other liabilities and accrued dividends1 2,553 124 850 75 142 210 80 352 73 38 122 158 329 TOTAL LIABILITIES 196.118 11,029 61,259 7,346 11,042 17,742 6,730 25,495 6,051 2,817 9,618 13,082 23,907 CAPITAL ACCOUNTS Capital paid in 1,545 44 384 79 103 78 127 194 42 54 72 121 247 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 404 20 134 18 20 29 13 58 11 8 13 34 46 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 199,532 11,133 62,134 7,514 11,266 17,923 6,992 25,939 6.144 2,930 9.771 13.345 24,441 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 188,964 11,145 55,025 8,647 10,895 16,558 7,147 24,958 6,219 2,696 10,502 12,194 22,978 Less-Held by F.R. Banks 28,568 1,398 5,576 2,452 1,110 2.098 2.875 2,103 1,190 798 3,004 1,884 4,080 F.R. notes, net f 160.396 99,,774477 4499,,444499 66,,119955 99,,778855 1144,,446600 44,,227722 2222,,885555 55..002299 11,,889988 77,,449988 1100,,331100 18,898 Collateral held* against F.R. notes: I Gold certificate account 1 11,099 Special Drawing Rights certif. acct. 1 4.618 Other eligible assets [ - 0 - U.S. govt, and agency securities I 144,679 Total collateral | 160,396 L 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