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 August 23, 1984 Averages of daily figures (millions of dollars) Reserve balances of depository institutions at F.R. Banks, Week ended Change from week ended 1 Wednesday Reserve Bank credit, and related items August 22 * August lb, 1 August 24, August 22, * 1984 ' 1984 1983 1984 Reserve Bank credit: 1« 2 174,925 - 1,197 + 9,991 175,047 U.S. government securities- Bought outright—system account 150,378 + 935 + 4,794 150,392 Held under repurchase agreements Federal agency obligations- Bought outright 8,494 386 8,494 Held under repurchase agreements Acceptances- Bought outright Held under repurchase agreements Loans to depository institutions 7,935 757 + 6,356 7,826 Includes: seasonal borrowing of 354 + 9 + 147 361 extended credit of 7,012 296 + 6,488 7,029 Float 289 294 - 1,068 159 Other F.R. assets 7,829 - 1,081 + 295 8,176 Gold stock 11,099 29 11,099 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,220 + 15 + 734 16,233 Total factors supplying reserve funds 206,862 - 1,182 +10,696 206,997 Currency In circulation ** 176,161 634 +13,568 175,973 Treasury cash holdings ** 475 1 19 473 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,348 + 228 - 211 3,358 Foreign 208 + 3 + 4 233 Service-related balances and adjustments 3 1,453 + 75 + 476 1,142 Other 322 + 47 - 127 485 Other F R liabilities and capital 6,039 28 + 740 5,863 Total factors, other than reserve balances, absorbing reserve funds 188,007 309 +14,433 187,527 Reserve balances with F.R. Banks 4 18,855 873 - 3,737 19,469 On August 22, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 117,709 million, a decrease of $1,411 million for the week. 1 Net of $ 2,906 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,906 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 2,870 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of % 2,870 million was with foreign official and international accounts. Includes $ 358 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,142 million and adjustments of $ 311 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Atlanta District). * 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, August 22, 1984 August 15. 1984 August 24. 19S3 ASSETS Gold certificate account 11,099 — "* 29 Special Drawing Rights certificate account 4,618 — — Coin 460 + 5 + 36 Loans 7,826 - 4,961 + 6,214 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,494 — - 386 Held under repurchase agreements1 — — — U.S. government securities: Bought outright—Bills 64,461 + 5,703 + 3,038 Notes 63,894 — + 850 Bonds 22,037 — + 1,808 Total bought outright2 150,392 + 5,703 + 5,696 Held under repurchase agreements1 — — — Total U.S. government securities 150,392 + 5,703 + 5,696 Total loans and securities 166,712 + 742 + 11,524 Cash items in process of collection (1,963) 6,414 - 1,127 - 1,194 Bank premises 556 -I- 1 + 3 Other assets 3 7,620 + 223 + 662 TOTAL ASSETS (1,963) 197,479 156 + 11,002 LIABILITIES Federal Reserve notes 160,674 - 733 + 12,899 Deposits: Depository institutions 20,611 + 2,389 - 2,449 U.S. Treasury—general account 3,358 - 1,035 + 333 Foreign—official accounts 233 + 28 + 25 Other 48i ± _A3h - kk Total deposits 24,687 + 1,578 - 2,135 Deferred availability cash items (1,963) 6,255 - 1,022 - 481 Other liabilities and accrued dividends4 2.422 + 18 + 432 TOTAL LIABILITIES (1,963) 194,038 - 159 ± 10,715 CAPITAL ACCOUNTS Capital paid in 1,556 1 + 126 Surplus 1,465 — + 106 Other capital accounts 420 + 4 + 55 * 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 $-0- million was outstanding at the end of the latest statement week. 2 Net of $ 2,870 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 358 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 $ 39 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. ** Estimated (Atlanta District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, August 22, 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 Loans Acceptances Holdings (Weekly changes Holdings |Weekly changes Within 15 days 7,792 — 7,254 -1- 3,671 184 + 81 16 days to 90 days 34 — 30,049 + 4,372 604 - 81 91 days to 1 year — — 44,928 - 2,340 1,654 — Over 1 year to 5 years — — 33,985 — 4,341 — Over 5 years to 10 years — — 14,808 — 1,312 — Over 10 years — 19,368 — 399 — ^ Total 7,8i6 150,392 + 5,703 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 22, 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 cert if. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 460 21 19 21 34 62 56 26 23 15 43 35 105 Loans 7,826 14 63 41 9 120 32 7,086 88 104 181 68 20 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 I U.S. government securities: Bought outright-Bills 64,461 3,244 21,640 2,166 3,569 5,372 1,532 8,800 1,850 868 3,072 4,083 8,265 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 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 2 150,392 7,569 50,488 5,052 8,327 12,534 3,573 20,532 4,315 2,025 7,167 9,527 19,283 Held under repurchase agreements 1 Total U.S. government securities 150,392 7,569 50,488 5,052 8,327 12,534 3,573 20,532 4,315 2.025 7,167 9,527 19.283 Total loans and securities 166,712 8,010 53,403 5,378 8,806 13,362 3,807 28,778 4.647 2,243 7,753 10,133 20,392 Cash items in process of collection 8,377 305 706 295 278 1,919 632 498 551 415 1,198 571 1,009 Bank premises 556 95 25 50 27 104 38 21 16 26 31 18 105 Other assets 3 7,620 245 1,944 275 405 421 400 962 188 175 306 1,179 1,120 Interdistrict settlement account -0- +1,449 + 1,369 + 637 + 730 + 530 +1,805 - 6,611 + 167 - 208 - 56 100 + 288 TOTAL ASSETS 199,442 10,965 62,161 7,396 11,1.99 17,775 7,259 25,830 6,119 2,887 10,124 12.872 24,855 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 $ 2,870 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 359 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 $ 39 million in Treasury Bills maturing within 90 days. * Estimated (Atlanta District). 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 22, 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 160,674 9,694 49,746 6.186 9,884 14.354 4,550 22,407 4,964 1,908 7,771 10,171 19,039 Deposits: Depository institutions 20.611 696 6,073 692 678 1.131 1,882 2,003 457 427 958 1,757 3,857 U.S. Treasury-general account 3,358 3,358 Foreign-official accounts 233 4 120 7 10 8 12 20 4 5 7 11 25 Other 485 1 391 14 1 72 1 1 3 1 Total deposits 24.687 701 9,942 699 688 1.153 1,895 2,095 462 432 966 1,771 3,883 Deferred availability cash items 8.218 346 771 260 267 1,884 490 547 531 400 1.115 514 1,093 Other liabilities and accrued dividends 1 2,422 119 810 83 135 203 62 335 69 35 115 151 305 TOTAL LIABILITIES 196,001 10,860 61,269 7.228 10,974 17,594 6,997 25,384 6,026 2,775 9,967 12,607 24,320 CAPITAL ACCOUNTS Capital paid in 1.556 44 393 79 104 78 127 194 42 54 72 122 247 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 420 21 142 18 20 29 13 60 11 7 17 35 47 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 199.442 10,965 62,161 7.3% 11,199 17,775 7,259 25,830 6,119 2,887 10,124 12,872 24,855 FEDERAL RESERVE AGENTS' ACCOUNTS F. R. notes outstanding 189,108 11,280 55,126 8.552 11,066 16,391 7,344 24,563 6,142 2,692 10,788 12,112 23.052 Less-Held by F.R. Banks 28,434 1,586 5,380 2.366 1,182 2,037 2,794 2,156 1,178 784 3.017 lf941 4,013 F. R. notes, net 160,674 9,694 49,746 6,186 9.884 14,354 4,550 22,407 4.964 1,908 7,771 10,171 19.039 Collateral held against F.R. notes: Gold certificate account 11.099 Special Drawing Rights cert if. acct. 4.618 Other eligible assets -0- U.S. govt, and agency securities 144.957 Total collateral 160,674 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (Atlanta District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis