H.4.1 Factors Affecting Reserve Balances of Depository Institutions

• rtPLfiowi FEDERAL RESERVE ••f^ns^ Factors Affecting Reserve Balances of Depository Insitutions and Condition Statement of F.R. Banks H.4.1 For release at 4:30p.m. Eastern time August 2, 1984 *- Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd [ Change from week ended 1 Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss July 25, 1 AU8 ^33' August 1, 1984 Reserve Bank credit: 1» 2 175,339 1 - 966 + 11,102 178,219 U.S. government securities- Bought outright—system account 149,972 - 1,500 + 5,997 151,352 Held under repurchase agreements Federal agency obligations- Bought outright 8,498 2 382 8,494 Held under repurchase agreements Acceptances- Bought outright Held under repurchase agreements Loans to depository institutions 7,460 + 611 + 6,149 8,775 Inciudes: seasonal borrowing of 347 + 13 + 155 345 extended credit of 6,226 + 256 + 5,781 6,319 Float 343 234 - 1,253 604 Other F.R. assets 9,066 + 159 + 591 8,994 Gold stock 11,099 32 11,099 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,175 + 15 + 738 16,188 Total factors supplying reserve funds 207,231 951 + 11,808 210,124 Currency in circulation * 175,383 532 + 13,492 175,797 Treasury cash holdings* 497 13 + 3 497 Deposits, other than reserve balances, with F.R. Banks: Treasury 4,179 4- 207 + 155 3,586 Foreign i 215 12 77 256 Service-related balances and adjustments 3 1,503 541 + 521 1 1,159 Other 314 + 38 290 533 Other F.R. liabilities and capital 6,097 50 + 939 5,815 Total factors, other than reserve balances, absorbing reserve funds 188,188 903 + 14,742 187,643 Reserve balances with F.R. Banks 4 19,043 J __-_ 48 - 2,933 22,481 On August 1, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 115,046 million, a decrease of $1,097 million for the week. 1 Net of $5,012 million, dally average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $3,974 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $3,501 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,501 million was with foreign official and international accounts. Includes $ 438 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ i, 159 million and adjustments of $ 344 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 August 1, 1984 July 25, 1984 August 3, 1983 ASSETS Gold certificate account 11,099 — 32 Special Drawing Rights certificate account 4,618 — — Coin 445 + 16 + 32 Loans 8,775 + 1,780 + 6,297 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,494 5 386 Held under repurchase agreements'! — — — U.S. government securities: Bought outright—Bills 65,421 + 1,185 + 4,372 Notes 63,870 — 88 Bonds 2222,,006611 — + 2 746 :1 Total bought outright 2 115511,,335522 + 1,185 + 7,030 Held under repurchase agreements1 — — — Total U.S. government securities 151,352 + 1,185 + 7 ,,030 Total loans and securities 168,621 + 2,960 +12 ,.941 Cash items in process of collection (2,049) 8,496 + 2,184 - 1,382 Bank premises 555 — + 2 Other assets 3 8,439 54 + 344 TOTAL ASSETS ((22,,004499 ) 202,271 + 5,106 +11^905 LIABILITIES Federal Reserve notes 160,551 + 155 +12,622 Deposits: Depository institutions 23,640 + 3,419 - 1,448 U.S. Treasury—general account 3,586 372 — Foreign—official accounts 256 + 10 + 42 Other 533 + 268 + 41 Total deposits 28,015 + 3,325 - 1,365 Deferred availability cash items (2,049) 7,892 + 1,778 180 Other liabilities and accrued dividends* 2,530 23 + 571 TOTAL LIABILITIES (2,049) 198,988 + 5,235 +11,648 CAPITAL ACCOUNTS Capital paid in 1,545 — + 117 Surplus 1,465 — + 106 Other capital accounts 275 129 + 34 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 $ 3,501 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ ^38 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 $ 16 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, August 1, 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 8,554 — 5,542 +2,253 -_ -103 16 days to 90 days 221 — 31,435 + 582 613 + 20 91 days to 1 year — — 44,702 -2,405 1,799 +115 Over 1 year to 5 years ^^ — 36,329 + 755 4,371 - 37 Over 5 years to 10 years — -~ 14,256 — 1,312 Over 10 years — ^^ 1199,,008888 — 339999 ... Total 8,775 115511,,335522 +1,185 88,,449944 5 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 August JL , 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 1,318 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 445 21 20 19 32 61 52 25 21 16 44 32 102 Loans 8,775 59 1,352 12 44 60 48 6,599 77 94 198 65 167 Acceptances held under repurchase agreements — — — — — — — — — — — — — Federal agency obligations: Bought outright 8,494 427 2,852 285 470 708 202 1,160 244 114 405 538 1,089 Held under repurchase agreements 1 — — — — — — — — — — ~ — — U.S. government securities: Bought outright-Bills 65,421 3,292 21,963 2,198 3,623 5,452 1,554 8,931 1,877 881 3,118 4,144 8.388 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 2 151,352 7,617 50,811 5,085 8,380 12,614 3.595 20,663 4,342 2 ,038 7,213 9,588 19,406 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 151,352 7,617 50,811 5,085 8,380 12,614 3,595 20.663 4,342 2 ,038 7,213 9.588 19,406 Total loans and securities 168,621 8,103 55,015 5,382 8,894 13,382 3,845 28,422 4.663 2 ,246 7,816 10,191 20.662 Cash items in process of collection 10,545 381 959 413 380 2,243' 666 765 594 438 1,523 666 1.517 Bank premises 555 95 25 50 27 104 37 21 16 26 31 18 105 Other assets 3 8,439 293 2,242 326 455 501 480 1,015 215 194 349 1,240 1.129 Interdistrict settlement account -0- +1,365 -I- 774 + 826 +1,099 + 625 +1.293 -5,248 + 429 - 354 - 441 - 54 - 314 TOTAL ASSETS 204,322 11,098 63,730 7,756 11,806 18,293 6,894 27,156 6,465 2 ,787 10,171 13,129 25.037 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 $ 3,501 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 438 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 $16 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 August 1. 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 160,551 9,750 49,805 6,163 9.814 14,512 4,218 22,892 5,056 1,899 7,498 10,256 18,688 Deposits: Depository institutions 23,640 745 7,228 1,001 1,266 1,145 1,635 2,743 669 325 952 1,890 4,041 U.S. Treasury—general account 3,586 — 3,586 — — — — — — — — — — Foreign—official accounts 256 4 143 7 10 8 12 20 4 5 7 11 25 Other 533 1 459 — — 34 8 27 — — 2 1 1 Total deposits 28,015 750 11,416 1,008 1,276 1,187 1,655 2.790 673 330 961 1,902 4.067 Deferred availability cash items 9,941 379 850 355 365 2,218 706 622 577 414 1,442 565 1,448 Other liabilities and accrued dividends 1 2,530 120 881188 72 136 200 63 424 70 36 118 152 321 TOTAL LIABILITIES 201,037 T6.999 6622,,888899 7,598 11,591 18,117 6,642 26,728 6,376 2,679 10,019 12,875 24,524 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 275 15 110000 8 11 24_ 3 42 7 3 12 25 25 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 204,322 11.098 63,730 7,756 11,806 18,293 6.894 27,156 6.465 2,787 10,171 13,129 25,037 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 188,565 11,134 55,263 8,592 10,888 16,494 6,926 24,903 6,181 2,703 10,499 12,179 22,803 Less-Held by F.R. Banks 28,014 1,384 5,458 2,429 1,074 1,982 2,708 2,011 1,125 804 3,001 1,923 4,115 F.R. notes, net 160,551 9^750 49,805 6,163 9,814 14,512 4.218 22,892 5,056 1,899 7.498 10,256 18,688 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 144,834 Total collateral 160,551 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