H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Insltutions and Condition Statement of F.R. Banks H.4.1 For release at 4:30 p.m. Eastern time August 16, 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 AAuugguu 11 ss 99 tt 8844 11 55,, 11 Augy&A8> 1 AuW« 17> 1 August 15, 1QRA Reserve Bank credit: 1>2 176,100 ~ 64 ""+ 11,019 174,186 U.S. government securit es— Bought outright—system account 149,443 - 1,258 + 3,987 144,689 Held under repurchase agreements — — — ' — Federal agency obligations- Bought outright 8,494 — 386 8,494 Held under repurchase agreements — i — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 8,692 + 1,410 + 7,218 12,787 Includes: seasonal borrowing of 345 + 14 + 151 348 extended credit of 7,308 + 666 + 6,806 7,412 Float 561 - 201 525 264 Other F.R. assets 8,910 15 + 724 7,952 Gold stock 11,099 29 11,099 Special Drawing Rights certificate account 4,618 — 4,618 Treasury currency outstanding 16,205 i + 15 + 736 16,218 Total factors supplying reserve funds 208,022 r^ 49 p+ 11,726 206,121 Currency in circulation* 176,795 + 511 + 13,670 176,695 Treasury cash holdings* 476 4 39 475 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,120 - 822 190 4,393 Foreign 205 13 28 205 Service-related balances and adjustments 3 1*378 26 + 313 1,145 Other 275 + 1 171 289 Other F.R. liabilities and capital 1 6,067 + 214 + 735 5,842 Total factors, other than reserve balances, 188,316 P^ 139 ["+ 14,290 189,044 absorbing reserve funds Reserve balances with F.R. Banks 4 19,706 + 91 2,563 17,077 On August 15, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 119,120 million, an increase of $1,731 million for the week. 1 Net of $4,004 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,739 million was with foreign official and International accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 8,698 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,185 million was with foreign official and international accounts. Includes $ 772 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,145 million and adjustments of $ 233 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 15, 1984 August 8. 1984 August 17. 1983 ASSETS Gold certificate account 11,099 — 29 Special Drawing Rights certificate account 4,618 — *— Coin 455 + 9 + 30 Loans 12,787 + 5,402 +11,065 Acceptances— Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,494 — - 386 Held under repurchase agreements i — — — U.S. government securities: Bought outright—Bills 58,758 - 5,971 - 2,941 Notes 63,894 + 24 + 850 Bonds 22,037 24 + 1,808 Total bought outright2 144,689 -5,971 - 283 Held under repurchase agreements 1 — — — Total U.S. government securities 144.689 - 5,971 - 283 Total loans and securities 165,970 - 569 +10,396 Cash items in process of collection (2,162) 7,541 - 179 - 2,193 Bank premises 555 1 + 1 Other assets3 7,397 - 1,292 + 338 TOTAL ASSETS ((22,,116622)) 197,635 -- 22,,003322 + 8,543 LIABILITIES Federal Reserve notes 161,407 53 +12,946 Deposits: Depository institutions 18.222 - 2,985 - 4,268 U.S. Treasury—general account 4,393 + 173 + 402 Foreign—official accounts 205 23 , 18 Other 289 + 43 - 152 Total deposits 23,109 - 2,792 - 4,036 Deferred availability cash items (2,162) 7,277 + 782 - 1,036 Other liabilities and accrued dividends* 2,404 + 25 + 376 TOTAL LIABILITIES (2,162) 194,197 - 2,038 + 8,250 CAPITAL ACCOUNTS Capital paid in 1,557 + 3 + 128 Surplus 1,465 + 106 Other capital accounts 416 +_. 3 + 59 * Figures in parentheses are the eliminations made in the consolidating process. 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 $8,698 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 772 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 $ 31 million In Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, August 15 1984 ^T^t^!^^ h6,d Under rePUrChaSe a9re6mentS are C,aWied as maturin9 * «^ « days in accordance with maximum Loans Acceptances U.S. government securities Federal agency obligations Holdings Weekly changes Holdings |Weekly changes^ W 9 1 1 6 i t d d h a a in y y s s 1 5 t t o o d 9 1 a 0 y y s e d a a r y s 12,4 2 9 9 6 1 25 3 , , 6 5 7 8 7 3 - - 5 3, , 4 7 4 1 9 8 6 1 8 0 5 3 + - 1 0 1 3 3 Over 1 year to 5 years 47,268 +4,708 1,654 - 60 Over 5 years to 10 years 33,985 -2,344 4,341 - 30 Over 10 years 14,808 + 552 1,312 Total 19,368 + 280 399 12,787 144,689 -5,971 8,494 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 15, 1964 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS [ Gold certificate account 1 11,099 599 3,360 515 617 969 360 1,510 357 160 608 726 1,318 Special Drawing Rights certif. acct. I 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin I 455 21 20 20 35 61 54 25 23 15 43 34 104 Loans 1 12,787 6 4,021 107 159 355 62 7,589 70 100 183 49 86 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 58,758 2,957 19,726 1,974 3,253 4,896 1,396 8,022 1,686 791 2,801 3,722 7,534 Certificates: Special Other Notes , 63,894 3,216 21,450 2,146 3,538 5,325 1,518 8,723 1,833 860 3,045 4,048 8,192 Bonds 1 22,037 , 1,109 7,398 740 1,220 1,837 523 3,009 632 297 1,050 1,396 2,826 Total bought outright 2 144,689 | 7,282 48,574 4,860 8,011 12,058 3,437 19,754 4,151 1,948 6,896 9,166 18,552 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 144,689 7,282 48,574 4,860 8,011 12,058 3,437 19,754 4,151 1,948 6,896 9,166 18,552 Total loans and securities 165,970 7,715 55,447 5,252 8,640 13,121 3,701 28,503 4,465 2,162 7,484 9,753 19,727 Cash items in process of collection 9,703 358 912 296 294 2,153 752 666 579 416 1,300 516 1,461 Bank premises 555 95 25 50 27 104 37 21 16 26 31 18 105 Other assets 3 7,397 238 1,902 271 394 438 390 878 179 176 302 1,261 968 fnterdistrict settlement account -0- + 1,815 - 2,137 + 980 + 1,180 + 984 + 1,972 - 6,682 + 564 - 13 + 71 + 341 + 925 TOTAL ASSETS h.99,797 1 11,082 60,864 7,609 11,489 18,238 7,427 25,567 6,353 3,003 10,080 12,959 25,126 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 $ 8,698 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 772 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 $ 31 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 15. 1984 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 161.407 9.662 49,792 6,257 9.816 14,489 4,793 22,517 5,059 1.891 77..772222 1100,,222288 19,181 Deposits: Depository institutions I 18.222 805 3,759 789 1,006 1,132 1,667 1,546 570 546 880044 11,,777700 3,828 U.S. Treasury—general account 4,393 4,393 Foreign-official accounts 205 4 92 7 10 8 12 20 4 5 77 1111 25 Other 289 1 211 1 26 1 40 1 22 44 2 Total deposits 23,109 810 8,455 796 1,017 1,166 1,680 1,606 575 551 881133 11..778855 3,855 Deferred availability cash items 9,439 387 928 305 298 2,205 630 662 558 412 11,,227722 552299 1,253 Other liabilities and accrued dividends1 2,404 122 796 82 134 196 61 336 69 37 111155 115511 305 TOTAL LIABILITIES 196,359 10,981 59,971 7,440 11,265 18,056 7,164 25,121 6.261 2.891 9,922 12,693 24,594 CAPITAL ACCOUNTS Capital paid in 1,557 ' 44 393 79 104 78 128 194 42 54 72 122 247 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 416 17 143 19 19 30 13 60 10 7 18 36 44 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 199,797 11,082 60,864 7,609 LI,489 18,238 7,427 25,567 6,353 3.003 10,080 12,959 25,126 FEDERAL RESERVE AGENTS' ACCOUNTS F. R. notes outstanding 1B898B6 j 11,151 55,095 8,573 10.886 16,363 7,453 24,578 6.169 2,675 10,728 12,060 23,155 Less-Held by F.R. Banks I 27,479 1,489 5,303 2,316 1,070 1,874 2,660 2.061 1,110 784 3,006 1.832 3,974 F.R. notes, net I 161,407 99,,666622 4499,,779922 66,,225577 99,,881166 1144,,448899 44,,779933 2222,,551177 55,,005599 11,,889911 77,,772222 1100,,222288 19,181 Collateral held against F.R. notes: I Gold certificate account I 11,099 Special Drawing Rights certif. acct.' 4,618 Other eligible assets 1 - 0 - U.S. govt, and agency securities 1 145,690 Total collateral T 161,407 1 Includes exchange translation account reflecting the monthly revaluation at market exchang erates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis